What would be the total amount of dividend expense on dec

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Reference no: EM133011725

Jan 1 2016 issued and sold 23000 shares of common stock

June 30 2016 reacquired 5000 shares of common stock as treasury stock

Dec 31 2016 declared a regular dividend of $8 per share

Problem 1: What would be the total amount of the dividend expense on december 31, 2018

Reference no: EM133011725

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