The Jones family received two quarterly dividend payments of $0.17, one quarterly payment of $0.20, and one quarterly payment of $0.24. If they owned 400 shares of stock, what was their total dividend income for the full year?

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
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The Jones family received two quarterly dividend payments of $0.17, one quarterly payment of $0.20, and one quarterly payment of $0.24. If they owned 400 shares of stock, what was their total dividend income for the full year?
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