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Presented below is information related to Garcia Company. Required: How much did Garcia Company have...

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Accounting

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Presented below is information related to Garcia Company. Required: How much did Garcia Company have in dividends for the year? Assets, January 1 $ 41,000 Liabilities, January 1 24,000 Assets, December 31 78,000 Liabilities, December 31 52,000 Issuance of stock 7,500 Revenues 12,500 Expenses 6,500 Dividends X $

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