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Question 25 options: Kennedy Ltd. started the year with $618000 in total assets and $554000 in total liabilities. During the year, assets increased by $55000

Question 25 options: Kennedy Ltd. started the year with $618000 in total assets and $554000 in total liabilities. During the year, assets increased by $55000 and liabilities decreased by $7000. During the year, the owners contributed $15000, and the company earned $643000 in revenues and incurred $586000 in expenses. How much did the company pay in dividends during the year?

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