Huff Company began the year with a retained earnings balance of $30,000, reported net income...

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Accounting

Huff Company began the year with a retained earnings balance of $30,000, reported net income for the year of $45,000, and reported ending retained earnings of $60,000. How much dividends did Huff Company report for the year?

Select one:

$30,000

$135,000

$35,000

$15,000

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