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The board of directors of Capstong Inc. declared a $.30 per share cash divident on its $1 par common stock. On the date of declaration
The board of directors of Capstong Inc. declared a $.30 per share cash divident on its $1 par common stock. On the date of declaration there were 100,000 shares authorized, 30,000 shares issued, and 4,000 shares held as treasury stock. How much are the dividends in total to be paid 7/21/18? (no dollar sign, include two decimal places)
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