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Melanie Corporation declared cash dividends of $14,100 during the current year. The beginning and ending balances in dividends payable were $510 and $850, respectively. What
Melanie Corporation declared cash dividends of $14,100 during the current year. The beginning and ending balances in dividends payable were $510 and $850, respectively. What was the amount of cash paid for dividends?
$14,440.
$12,740.
$13,760.
$13,250.
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