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Is the answer A) 94,300B) 51,700C) 148,400D) 96,700E) 107,700 Salah's net income for the year ended December 31, Year 2 was $202,000. Information from Salah's

Is the answer A) 94,300B) 51,700C) 148,400D) 96,700E) 107,700

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Salah's net income for the year ended December 31, Year 2 was $202,000. Information from Salah's comparative balance sheets is given below. Compute the cash paid for dividends during Year 2. At December 31 Year 2 Year 1 Common Stock, $5 par value $ 517 , 000 $ 465 , 300 Paid-in capital in excess of par 965, 000 868, 300 Retained earnings 705, 000 597 , 300

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