Melanie Corporation declared cash dividends of $12,600 during the current year. The beginning and ending balances in dividends payable were $360 and $600, respectively. What was the amount of cash...

Melanie Corporation declared cash dividends of $12,600 during the current year. The beginning and ending balances in dividends payable were $360 and $600, respectively. What was the amount of cash paid for dividends? Multiple Choice $12.000. $12,840. $11,640. $12,360. To