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Beewell's Net Income for the Year Ended December 31, Year

Question 159

Multiple Choice

Beewell's net income for the year ended December 31, Year 2 was $185,000. Information from Beewell's comparative balance sheets is given below. Compute the cash paid for dividends during Year 2. Beewell's net income for the year ended December 31, Year 2 was $185,000. Information from Beewell's comparative balance sheets is given below. Compute the cash paid for dividends during Year 2.   A)  $79,000. B)  $106,000. C)  $95,000. D)  $50,000. E)  $145,000.


A) $79,000.
B) $106,000.
C) $95,000.
D) $50,000.
E) $145,000.

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