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The following was reported in Cullumber Ltd's 2021 financial statements: Dividends payable Retained earnings Profit 2021 $19,200 208,800 157,600 2020 $16,000 91,200 Calculate cash payments

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The following was reported in Cullumber Ltd's 2021 financial statements: Dividends payable Retained earnings Profit 2021 $19,200 208,800 157,600 2020 $16,000 91,200 Calculate cash payments for dividends. Cash payment for dividends $

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