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Lemon Co. has net income of $700,000 and 78,000 shares of stock. If the company pays a dividend of $1.78 per share, what are the
Lemon Co. has net income of $700,000 and 78,000 shares of stock. If the company pays a dividend of $1.78 per share, what are the additions to retained earnings? (Do not round intermediate calculations. Round your answer to the nearest whole number.)
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