Use the Following Information to Calculate Cash Received from Dividends

question 232

Multiple Choice

Use the following information to calculate cash received from dividends: $\begin{array}{llcc} \text { Divdends reveruse } & \$63,500 \\ \text {Dividends receivable, January I } &3,600\\ \text { Dividends receivable, December 31 } &3,100\\\end{array}$

• A) $63,500.
• B) $63,000.
• C) $64,000.
• D) $67,100.
• E) $60,400.

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