The Lasso Company began operations earlier this year and at the end of the year...
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Accounting
The Lasso Company began operations earlier this year and at the end of the year reported the following:
| Retained earnings | 9,000 | Common stock | 18,400 | |
| Revenues | 25,700 | Total liabilities | 9,200 | |
| Dividends | ? | Expenses | 14,900 | |
| Total assets | 36,600 |
What amount should the company report for dividends?
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