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Zwick Company bought 22,000 shares of the voting common stock of Handy Corporation in January 2016. In December, Handy announced $206,100 net income for 2016
Zwick Company bought 22,000 shares of the voting common stock of Handy Corporation in January 2016. In December, Handy announced $206,100 net income for 2016 and declared and paid a cash dividend of $10 per share on the 202,500 shares of outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2016 would be:
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