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The opening balance of retained earnings for a company was 1,386,058. During the year it earned a net income of 495,648 and shareholders invested an

The opening balance of retained earnings for a company was 1,386,058. During the year it earned a net income of 495,648 and shareholders invested an additional 698,334 for shares. The ending balance of retained earnings was 1,644,282. How much did the company pay out in dividends during the year?

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