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Presented below is information related to Smith Company. Required: How much did Smith Company have in dividends for the year? Assets, January 1 Liabilities,

 

Presented below is information related to Smith Company. Required: How much did Smith Company have in dividends for the year? Assets, January 1 Liabilities, January 1 Assets, December 31 Liabilities, December 31 Issuance of stock Revenues Expenses Dividends $ 79,000 52,000 98,000 65,000 5,400 7,800 4,400

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