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On September 1, Year 1, Orville Corporation has unrestricted Retained Earnings of $8,800,000, Appropriated Retained Earnings of $5,800,000, Cash of $10,300,000, and Accounts Payable of
On September 1, Year 1, Orville Corporation has unrestricted Retained Earnings of $8,800,000, Appropriated Retained Earnings of $5,800,000, Cash of $10,300,000, and Accounts Payable of $2,300,000. What is the maximum amount that can be used for cash dividends
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