Question: (Please ignore the $ sign when inserting your answer as the system will not read it, and round your answer to two decimal places ).

(Please ignore the $ sign when inserting your answer as the system will not read it,and round your answer to two decimal places). A firm declared and reported in the statement of shareholders' equity an amount of dividends of $725 in 2016. Dividends payable in 2016 and 2015 were $162 and $111 respectively, what is the amount of cash dividends paid by the firm in 2016?

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