A company had the following information in their income statement and balance sheet: Income Statement Net Income for the year was $87,000 Balance Sheet Common Shares Beg. Balance $249,000 End Balance $388,000 Retained Earnings Beg. Balance $115,000 End Balance $121,000 A non-cash dividend of dividend was given of $16,000 For part 2 of this question: What was the total cash distributed in dividends