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6. Look at the t-account for retained earnings and compute the total dividends that the company must have paid. Enter the amount here: $ Retained

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6. Look at the t-account for retained earnings and compute the total dividends that the company must have paid. Enter the amount here: $ Retained Earnings 717,500 beginning balance Dividends ??? 3,970,000 net income 2,595,000 Using your total dividends calculated above, if the company paid $192,000 to preferred shareholders, how much did they pay their common stockholders? $ If the company has 450,000 shares of common stock, how much in dividends did each share of stock receive? Round to the nearest penny. $

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