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41. Duty Corporation reports the following components of stockholders' equity on December 31, 2018: Common stock $25 par value, 100,000 shares authorized, 45,000 shares issued

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41. Duty Corporation reports the following components of stockholders' equity on December 31, 2018: Common stock $25 par value, 100,000 shares authorized, 45,000 shares issued 5 and outstanding Paid-in capital in excess of par valuc, common stock Retained earnings Total stockholders' equity S1,125,000 60,000 460,000 $1.645,000 In 2014, the following transactions affected its stockholders' equity accounts. Purchased 4,500 shares of its own stock at S27 cash per share. Jan. 1 Directors declared a $3 per share cash dividend payable on Feb.28 to the Feb.5 stockholders of record. Jan. 5 Paid the dividend declared on January 5. Feb. 28 What is the total amount of the dividend declared? (4 points)

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