On January 1, 2021, the board of directors of Goby Inc. declared a $650,000 dividend....
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On January 1, 2021, the board of directors of Goby Inc. declared a $650,000 dividend. The following data is from the balance sheet of Goby on that date: Common stock Paid-in capital-excess of par Retained earnings Paid-in capital-share repurchase $600,000 400,000 500,000 60,000 How much is the liquidating dividend? Multiple Choice $150,000. $250.000 $310.000 O None of these answer choices are correct
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