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Problem $2-06($Statement of Retained Earnings$)$

E

Statement of Retained Earnings

In its most recent financial statements, Del$-$Castillo Inc. reported $$75$ million of net income and $$950$ million of retained earnings. $$905$ million.

How much in dividends did the firm pay to shareholders during the year? Enter your answer in dollars. For example, an answer of $$1\mathrm{.}2$ million should be entered as $1,200,000.$

Round your answer to the nearest dollar.

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