On January 1, 2019, Samantha Corporation's retained earnings account had a balance of $785,000. During 2019 the company had revenues of $135,000 and expenses of $93,000. On December 31, the company's retained earnings had a balance of $800,500.
Determine the amount of dividends paid during 2019.
A) $42,500
B) $30,750
C) $26,500
D) $13,250
Correct Answer:
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