a. $323,400 b. $1,568,000 C. $49,000 d. $1,891,400

Jackie Company has 490,000 shares of SIO par value common stock outstanding. During the year Jackie declared a 100/0 stock dividend when the market price ofthe stock was S32 per share. Three months later Jackie declared a S .60 per share cash dividend.As a result of the dividends declared during the year, retained earnings decreased by a. S 323,400 O o c. s 49,000 o O