How much were the dividends for the period

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Problem 1: On January 1, 2020, Kralis Corporation's Retained earnings balance was $10,000,000. At December 31, 2020 the Retained earnings balance was $9,400,000. If Kralis Corporation earned Net income of $440,000 during 2020, how much were the Dividends for the period?

Reference no: EM132823763

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