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Rugby rocks inc had a retained earnings balance of 12000 at

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Rugby Rocks, Inc. had a Retained Earnings balance of $12,000 at December 31, 2012. The company had an average income of $7,500 over the next 3 years, and an ending Retained Earnings balance of $15,000 at December 31, 2015. What was the total amount of dividends paid over the last three years?

Reference no: EM13607489

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