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How much did the company pay in dividends during the year

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Question - Heath Inc. started the year with $485,000 in total assets and $366,000 in total liabilities. During the year, assets increased by $27,000 and liabilities decreased by $18,000. During the year, the owners contributed $12,000, and the company earned $463,000 in revenues and incurred $397,000 in expenses. How much did the company pay in dividends during the year?

Reference no: EM133165972

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