28 TB MC Qu. 4-170 (Algo) Ridge Crest Company has beginning Retained... Ridge Crest Company has beginning Retained Earnings of $35,000, ending Retained Earnings of $39,500, and net income of $21,500. What was the amount of dividends declared during the year? Multiple Choice $17,000 $21,500 $4,500 $13,500

TB MC Qu. 4-170 (Algo) Ridge Crest Company has beginning Retained... Ridge Crest Company has beginning Retained Earnings of $35,000, ending Retained Earnings of $39,500, and net income of $21,500. What was the amount of dividends declared during the year? Mult ple Choice $13,000 $21,500 54,500 $13.500