How much in dividends did firm pay

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On 12/31/08, hire industries retain earning of $ 525,000 on its balance sheet, and it reported that it had $135,000 of net income during the year. On its pervious balance sheet at 12/31/07, the company had reported $445,000 of retained earning. No shares were repurchased during 2008 . How much in dividends did firm pay during 2008?

Reference no: EM131264839

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