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A company at the beginning of 2019 has: Assets: $12,500 Liabilities: $ 4,500 Common stock: $ 3,000. In 2019, the company paid its shareholders a
A company at the beginning of 2019 has:
Assets: $12,500 Liabilities: $ 4,500 Common stock: $ 3,000.
In 2019, the company paid its shareholders a dividend of $ 2,000. What was the company's result for the year if retained earnings at the end of 2019 were $ 6,000?
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