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How much in dividends did heaton pay

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Point 1: On 12/31/2020, Heaton Industries Inc. reported retained earnings of $200,000 on its balance sheet, and it reported that it had $172,500 of net income during the year. On its previous balance sheet, at 12/31/2019, the company had reported $555,000 of retained earnings. No shares were repurchased during 2020.

Question 1: How much in dividends did Heaton pay during 2020?

Reference no: EM132489264

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