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The following information applies to the questions displayed below) Incentive Corporation was authorized to issue 12.000 shares of common stock, each with a $2 par

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The following information applies to the questions displayed below) Incentive Corporation was authorized to issue 12.000 shares of common stock, each with a $2 par value During its first year, the following selected transactions were completed: a. Issued 6,600 shares of common stock for cash at $26 per share. b. Issued 2,600 shares of common stock for cash at $29 per share, 4. Incentive Corporation has $36.000 in the company's bank account At year-end, the accounts reflected a profit of $100 What is the maximum amount of cash dividends the company can declare and distribute? Maximum amount of cash dividende

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