New Orleans Chemicals Company follows the indirect method to prepare its statement of cash flows.Refer to the following portion of the comparative balance sheet:
Net Income for 2018 was $91,000.
Based on the above information,determine the amount of dividends declared during 2018.
A) $2900
B) $91,000
C) $66,000
D) $25,000
Correct Answer:
Verified
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