Business, 04.02.2020 20:00 lexident

Retained earnings balance at the beginning of the year $ 328,000 cash dividends declared for the year 73,750 proceeds from the sale of equipment 126,800 gain on the sale of equipment 7,350 cash dividends payable at the beginning of the year 32,450 cash dividends payable at the end of the year 39,500 net income for the year 162,250 the amount of cash paid for dividends was:

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Retained earnings balance at the beginning of the year $ 328,000 cash dividends declared for the yea...