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

Question 22

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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