What amount of dividends were paid during the year


Problem: Lueckenhoff Corporation's most recent balance sheet appears below:

                                                     Ending Balance      Beginning Balance

Cash                                                      $34                       $29
Accounts Receivable                                  44                         41
Inventory                                                  72                         60
Property, Plant, and Equipment                  610                       550
Accumulated Depreciation                         274                       229
Accounts Payable                                       32                         28
Bonds Payable                                          305                       400
Common Stock                                           51                         50
Retained Earnings                                        98                       (27)

The company's net income for the year was $153 and it did not sell or retire any property, plant, and equipment during the year.

What are the sources and uses of cash during the period?

What amount of dividends were paid during the year?

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Accounting Basics: What amount of dividends were paid during the year
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