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A company provides the following financial information related to its retained earnings. (All dollar amounts in thousands.) Retained earnings balance as of January 1,
A company provides the following financial information related to its retained earnings. (All dollar amounts in thousands.) Retained earnings balance as of January 1, 2020: $41,440 .Net sales for year 2020: $9,117 .Net income for year 2020: $1,823 Dividends paid to shareholders in year 2020: $447 For year 2021, net income is forecasted to be $1,865. What is the forecasted amount of dividends paid to shareholders in year 2021 (in thousands)? $503.0 $20.1 $457.3 O $2,235.5 O $89.4
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