Anthony Company declared and paid $20,000 of dividends during 2014.The schedule of dividends follows: 
Anthony Company was acquired on June 1,2014 by Google Company.Google acquired 100 percent of Anthony Company.Both companies have a December 31 fiscal year end.What is the amount of preacquisition dividends in 2014?
A) 0
B) $5,000
C) $10,000
D) $15,000
Correct Answer:
Verified
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