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1 1 During 2 0 X 4 , Monticello Company had total expenses of $ 4 2 0 , 0 0 0 and total revenues

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11 During 20X4, Monticello Company had total expenses of $420,000 and total revenues of $690,000. The beginning and ending balances in the common stock account are respectively $120,000 and $240,000. The beginning and ending balances in the cash account are $150,000 and $175,000, respectively. The beginning and ending balances in the retained earnings account are respectively $250,000 and $215,000.
Compute the amount of cash paid for DIVIDENDS during 20X4.
$305,000
$390,000
$245,000
$235,000
$150,000
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