The net income of Edwards Corporation amounted to $73,000 for this year.The beginning balance of stockholders' equity was $30,000 and the ending balance was $70,000.The company issued no common stock during the year.What was the amount of dividends distributed during the year?
A) $70,000
B) $33,000
C) $143,000
D) $30,000
Correct Answer:
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