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Determining Cash Payments to Stockholders The board of directors declared cash dividends totaling $208,800 during...

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Accounting

Determining Cash Payments to Stockholders

The board of directors declared cash dividends totaling $208,800 during the current year. The comparative balance sheet indicates dividends payable of $50,100 at the beginning of the year and $45,100 at the end of the year.

What was the amount of cash payments to stockholders during the year? $

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