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The charter of a corporation provides for the issuance of 111,727 shares of common stock. Assume that 37,675 shares were originally issued and 4,928 were

The charter of a corporation provides for the issuance of 111,727 shares of common stock. Assume that 37,675 shares were originally issued and 4,928 were subsequently reacquired. What is the amount of cash dividends to be paid if a $1 per share dividend is declared? Select the correct answer. $4,928 $32,747 $37,675 $111,727

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