243 Salah's net income for the year ended December 31, Year 2 was $197,000. Information from Salah's comparative balance sheets is given below. Compute the cash paid for dividends during Year 2. At December 317 Common Stock, $5 par value Paid-in capital in excess of par Retained earnings Mutiple Choice $147,400 $51,200 $89,000 $107200 $96,200. Year 2 $512,000 Year 1 $460,800 960,000 863,800 700,000 592,800