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Business, 13.05.2021 22:00 arivalen

Gordon Company provided the following information for the year 2020: Retained earnings, beginning balance: $147,000 Retained earnings, ending balance: $125,000 Dividends Payable, beginning balance: $84,000 Dividends Payable, ending balance: $95,000 If Gordon Company reported a net income of $78,000 for the year, what was the amount of dividends paid during the year

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