Question: Given the information below about Thomas Corporation, what was the amount of dividends the company paid in the current period? Beginning retained earnings Ending retained

Given the information below about Thomas Corporation, what was the amount of dividends the company paid in the current period? Beginning retained earnings Ending retained earnings Decrease in cash Net income Change in stockholders' equity $ 40,000 $101,000 $ 9,500 $ 84,000 $ 27,000 Multiple Choice $23,000 $101,000 $13,500 50

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