38. The following information pertains to Alpha Computing at the end of 2018:

Assets	$970,000
Liabilities	$560,000
Net Income	$90,000
Common Stock	$350,000

Alpha Computing's Retained Earnings account had a zero balance at the beginning of 2018. What amount of dividends did the company pay in 2018?

$280,000.

$150,000.

$30,000.

$80,000.