25. A company's articles of incorporation indicate it is authorized to issue 600,000 common shares. As of January 1, the company has issued 49,930 common shares, of which 4,400 are held as treasury stock. On April 30, the company declares a 10% stock dividend on all outstanding shares. On June 10, the company declares a $2 cash dividend per share of common stock outstanding. Total cash dividends declared is: