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Question - Given the following financial information for Costa Corporation.
2020
2019
Accounts Payable
$9,505
$8,544
Accounts Receivable
13,576
14,481
Cash
25,185
19,287
Common Stock
30,120
Cost of Goods Sold
21,027
20,447
Current Portion of Long-term Debt
2,631
1,202
Depreciation Expense
2,600
2,509
Dividend
?
Goodwill
39,795
31,282
Interest Expense
264
388
Inventory
9,344
9,020
Long-Term Debt
32,635
26,494
Net Property, Plant & Equipment
19,766
18,615
Research & Development Expense
16,159
15,355
Retained Earnings
Revenue
82,584
82,059
Selling General & Admin Expense
31,243
30,533
Treasury Stock
-38,490
-38,417
Tax Rate = 21%
2018 Retained Earnings = $56,216
Required - What were Costa's Dividends in 2019 and 2020?
the following information was provided by the treasurer of suretthe following information was provided by the treasurer
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