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Business, 03.03.2020 17:59 Maddy8368

Yulan, Inc has beginning Retained Earnings of $35,000, ending Retained Earnings of $39,500, and net income of $21,500. What was the amount of dividends declared during the year?

a. $17,000
b. $13,500
c. $4,500
d. $21,500

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