Question: Question 3 options: Bloor Inc. started the year with $210000 in total assets and $90000 in total liabilities. During the year, assets increased by $15000
Question 3 options: Bloor Inc. started the year with $210000 in total assets and $90000 in total liabilities. During the year, assets increased by $15000 and liabilities decreased by $5000.
During the year, the owners contributed $10000, and the company earned $296000 in revenues and incurred $258000 in expenses.
How much did the company pay in dividends during the year?
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