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Nacho Mama's Cantina has several investments that pay annual dividends. Mama reported dividend revenue of $38,800 on her income statement dated December 31, 20x7 If

Nacho Mama's Cantina has several investments that pay annual dividends. Mama reported dividend revenue of $38,800 on her income statement dated December 31, 20x7 If the balance in Mama's dividends receivable account on January 1, 20x7 was $4,400, and her ending balance in that account on December 31, 20x7 was $7,000, how much cash did Mama receive from dividends during 20x7? Multiple Choice $38,800 $31,800 $41.400

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