Rogers Corporation starts the year with a Retained Earnings balance of $55,000.Net income for the year is $27,000.The ending balance in Retained Earnings is $70,000.What was the amount of dividends declared and paid for the year?

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The Answer of Rogers Corporation starts the year with a Retained Earnings balance of $55,000.Net income for the year is $27,000.The ending balance in Retained Earnings is $70,000.What was the amount of dividends declared and paid for the year?

Rogers Corporation Starts the Year with a Retained Earnings Balance