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Salah's net income for the year ended December 31, Year 2 was $190,000. Information from Salah's comparative balance sheets is given below. Compute the cash
Salah's net income for the year ended December 31, Year 2 was $190,000. Information from Salah's comparative balance sheets is given below. Compute the cash paid for dividends during Year 2. At December 31 Common Stock, 55 par value Paid-in capital in excess of par Retained earnings Vear 2 Year 1 $505,eee $454,500 953, eee 857,500 693,000 586,500 Multiple Choice $106,500 $146.000 rosso
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