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The board of directors declared cash dividends totaling $170,400 during the current year. The comparative balance sheet indicates dividends payable of $47,700 at the beginning

The board of directors declared cash dividends totaling $170,400 during the current year. The comparative balance sheet indicates dividends payable of $47,700 at the beginning of the year and $42,900 at the end of the year. What was the amount of cash paid to stockholders during the year

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