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Marshland Company is preparing the company's statement of cash flows for the fiscal year just ended. The following is available: Cash dividends declared for the

Marshland Company is preparing the company's statement of cash flows for the fiscal year just ended. The following is available:

Cash dividends declared for the year=$40,000

Cash dividends payable at the beginning oif the year=$17000

Cash dividends payable at the end of the year=$13000

The amount of cash paid for dividends was:

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