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If Beginning Retained Earnings Was $184,300,net Income for the Period

Question 32

Multiple Choice

If beginning retained earnings was $184,300,net income for the period was $200,000 and ending retained earnings was $322,000,what was the total amount of dividend distributed for the period?


A) $62,300
B) $306,300
C) $337,700
D) $706,300
E) $137,700

Correct Answer:

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