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Question Completion Status: Moving to another question will save this response. Question 4 of 17 Question 4 2 points Save Answer Washington Company had 100,000

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Question Completion Status: Moving to another question will save this response. Question 4 of 17 Question 4 2 points Save Answer Washington Company had 100,000 common shares and 20,000 preferred shares at the end of the year just completed. Preferred shareholders received total dividends of $140,000. Common shareholders received total dividends of $210,000. If the dividend payout ratio for the year was 70%, what was the net income for the year? A) $147,000. OB) $287,000. O $300,000 OD) $440,000. Moving to another question will save this response. Question 4 of 17 MacBook Air X X X nt Cost isnore x X Cose brant Rehunt * + Charges are oco .000 OOD

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