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The accountant for Mandarin Company is preparing the company's statement of cash flows for the...

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Accounting

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The accountant for Mandarin Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available Retained earnings balance at the beginning of the year $1,e39,ee Net income for the year Cash dividends declared for the year Retained earnings balance at the end of the year Cash dividends payable at the beginning of the year Cash dividends payable at the end of the year 340,88e 64,e0e 1,667,e8e 14,40e 17,600 What is the amount of cash dividends paidl that should be reported nthe financing section of the statement of cash flows Multiple Choice $64,000 $67,200 $96,000. $3.200 $60,800

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