Essay
Use the following to answer questions
The following information comes from the 2016 Annual Report to stockholders of Composition Inc.(in thousands):
From the Statement of Changes in Stockholders' Equity:
From the Statement of Cash Flows:
Cash flows from financing activities:

-Assuming that Composition had Dividends Payable of $17,450 thousand at December 31,2014,compute the balance in that account at December 31,2016.
Correct Answer:

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