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on march 31, mayweather corporation issued 120,000 shares of $5 par common stock for $50 per share. on august 15th, mayweather's balance sheet showed 120,000

on march 31, mayweather corporation issued 120,000 shares of $5 par common stock for $50 per share. on august 15th, mayweather's balance sheet showed 120,000 shares issues and 100,000 shares outstanding of the common stock. mayweather declared a $0.20 per share dividend on august 15th. the total dividend declared by mayweather would be: A. $24,000 B. $20,000 C. $4,000 D. not enough to answer

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