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Compute the amount of dividends

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Reference no: EM132942760

Question - Account Analysis: Analysis of Select Stockholders Equity Accounts at 12/31/20 is as follows:

Retained Earnings 12/31/20 $155,000

Common Stock 12/31/20 $32,000

Retained Earnings 12/31/19 $90,000

Treasury Stock 12/31/20 ($3,000)

Required - Assume Net Income at 12/31/20 is $92,000. Compute the Amount of Dividends (if any) at 12/31/20.

Reference no: EM132942760

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