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How much cash was paid to the common stockholders

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Question - In 2017, Dickens Company had a beginning balance in its Cash Dividend Payable account of $5,000 and an ending balance of $4,000. During 2017, the only dividends Dickens declared were $46,000 in cash to the common stockholders. How much cash was paid to the common stockholders?

a. $46,000

b. $45,000

c. $47,000

d. $1,000

Reference no: EM132560332

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