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The Andrews Company has just issued $15,924,276 in dividends last year. The effect of this payment on the balance sheet is: Select: 1 Net Profit

The Andrews Company has just issued $15,924,276 in dividends last year. The effect of this payment on the balance sheet is:

Select: 1
Net Profit will decrease $15,924,276
Liabilities will increase $15,924,276
Expenses will increase $15,924,276
Equity will decrease $15,924,276

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