1. Based on the information given below in Table 1, calculate the dividends paid in 2x02. Table 1: Financial Information of Company James March 2x01 March 2x02 Net income $1,500 $3,000 Accounts receivable 750 750 Accumulated depreciation 1,125 1,500 Common stock 4,500 5,250 Capital surplus 7,500 8,250 Retained earnings 1,500 2,250 Accounts payable 750 750