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Please follow all prompts Consider the following facts for Espresso Place (Click the icon to view the facts.) Requirements How much are cash dividends? More

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Consider the following facts for Espresso Place (Click the icon to view the facts.) Requirements How much are cash dividends? More Info 2 What was the amount of the cash receipt from the sale of plant assets? Requirement 1. How much are cash dividends? Cash dividends are $ a. Beginning and ending Retained Earnings are $48,000 and $71,000 respectively. Net income for the period is S57,000. b. Beginning and ending Plant Assets are $118,500 and $125,500, respectively. c. Beginning and ending Accumulated Depreciation Plant Assets are $18,500 d. Depreciation Expense for the period is $19,000, and acquisitions of new plant and $19,500, respectively assets total $29,000. Plant assets were sold at a 56,000 gain. Print Done

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