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Today is the last day of Year 1, and ABC Company's accounting records have the following accounts and balances: Notes Common Retained Cash Land Payable

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Today is the last day of Year 1, and ABC Company's accounting records have the following accounts and balances: Notes Common Retained Cash Land Payable Stock Earnings $800 $1200 $200 $1000 $600 The outstanding note is due in two weeks. What is the maximum dividend ABC Company should consider paying today? $600 $800 $200

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