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The year - end 2 0 2 1 balance sheet of Brandex Inc. listed common stock and other paid - in capital at $ 1

The year-end 2021 balance sheet of Brandex Inc. listed common stock and other paid-in capital at $1,100,000 and retained earnings at $3,400,000. The next year retained earnings were listed at $3,700.000. The firms net income in 2022 was $900,000. There were no stock repurchases during the year. What were the dividends paid by the firm in 2022?

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