A firm's year-end retained earnings balance are $670,000 and $560,000 for 2018 and 2019,respectively.The firm reported net profits after taxes of $100,000 in 2019.The firm paid dividends of ________ in 2019.
A) $10,000
B) $100,000
C) $110,000
D) $210,000
Correct Answer:
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