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answer:

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step-by-step explanation:

Dividend paid = $750,000

Explanation:

In order to compute the dividends paid by the firm in 2014 , we'll use the following formula :

Retained earning at end = Retained earning at beginning +Net income -Dividend paid

$5,200,000 = $4,900,000 +  $1,050,000 - Dividend paid

Dividend paid = $4,900,000 +  $1,050,000 - $5,200,000

Dividend paid = $750,000