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Statement of Retained Earnings In its most recent financial statements, Del-Castillo Inc. reported $50 million of net income and $970 million of retained earnings. The

Statement of Retained Earnings

In its most recent financial statements, Del-Castillo Inc. reported $50 million of net income and $970 million of retained earnings. The previous retained earnings were $961 million. How much in dividends did the firm pay to shareholders during the year?

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