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The Cookie Company reported total retained earnings at December 31, Year 2 of $98,500. It provided the following information for Year 1 and Year 2:

The Cookie Company reported total retained earnings at December 31, Year 2 of $98,500. It provided the following information for Year 1 and Year 2:

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How much in dividends did the company pay in Year 2? A. $69,000 B. $76,000 C. $110,000 D. $85,000

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