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Here are the abbreviated financial statements for Planners Peanuts Sales Costs Income Statement, 2015 $2,070...

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Here are the abbreviated financial statements for Planners Peanuts Sales Costs Income Statement, 2015 $2,070 1,250 Net income $ 820 Assets 2014 $2,610 Balance Sheet, Year-End 2015 $4,790 Debt Equity 2014 $930 1,680 2015 $1,140 3,650 Total $2,610 $4,790 Total $2610 $4,790 If sales increase by 24% in 2016, and the company uses a percentage-of-sales planning model (meaning that all items on the income and balance sheet also increase by 24%). The balancing item in this case, will be dividends What will be the value of the dividends (show your work for partial marks)

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