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Melanie Corporation declared cash dividends of $12,900 during the current year. The beginning and ending balances in dividends payable were $390 and $650, respectively. What
Melanie Corporation declared cash dividends of $12,900 during the current year. The beginning and ending balances in dividends payable were $390 and $650, respectively. What was the amount of cash paid for dividends? |
A. | $11,860. |
B.$13,160. | |
C. | $12,640. |
D.$12,250. |
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