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UBJ, 2 EX 16-8 Determining cash payments to stockholders The board of directors declared cash dividends totaling $585,000 during the current The comparative balance sheet

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UBJ, 2 EX 16-8 Determining cash payments to stockholders The board of directors declared cash dividends totaling $585,000 during the current The comparative balance sheet indicates dividends payable of $167,625 at the beginning of the year and $146,250 at the end of the year. What was the amount of cash payments Co stockholders during the year

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