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Question 11 (7 points) The year-end 2009 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $ 12,441, capital surplus of
Question 11 (7 points) The year-end 2009 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $ 12,441, capital surplus of $ 23,808 and retained earnings of $ 48,298. On the 2010 year-end balance sheet, retained earnings are listed as $ 50,629. The firm's net income in 2010 was $ 6,021. No stock was issued or repurchased in 2010. What were total dividends paid by the firm in 2010? Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568. Your
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