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5 April, 02:48

During January 2022, Kingbird, Inc. paid a cash dividends of $2280. This transaction 1. increases expenses by $2280.2. reduces net income by $2280.3. increases stockholders' equity by $2280.4. reduces stockholders' equity by $2280.

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  1. 5 April, 03:25
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    4. reduces stockholders' equity by $2280.

    Explanation:

    When the cash dividend is paid the same is shown in shown in the retained earning statement

    The formula is shown below:

    The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

    The dividend paid reduces the assets of the organization and it also reduces the stockholder equity

    Hence, the fourth option is correct
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