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Question 36 (3 points) Melanie Corporation declared cash dividends of $15,000 during the current year. The beginning and ending balances in dividends payable were $600
Question 36 (3 points) Melanie Corporation declared cash dividends of $15,000 during the current year. The beginning and ending balances in dividends payable were $600 and $1000, respectively. What was the amount of cash paid for dividends? A) $15,400. B) $14,000. C) $13,400. D) $14,600
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