Tax refunds: a. occur when a taxpayer's income tax withholding exceeds what they owe b. come from extra money the federal government has left over at the end of the year, and are distributed around february 15 c. come to taxpayers regardless of whether they file an income tax return or not d. include interest paid to the taxpayer by the federal government based on holding that money throughout the tax year submit

For the year, uptowne furniture had sales of $818,790, costs of $748,330, and interest paid of $24,450. the depreciation expense was $56,100 and the tax rate was 34 percent. at the beginning of the year, the firm had retained earnings of $172,270 and common stock of $260,000. at the end of the year, retained earnings was $158,713 and common stock was $280,000. any tax losses can be used. what is the amount of the dividends paid for the year? a. $6,466 b. $7,566 c. $5,266 d. $6,898 e. $7,066