ABC company sold 10 million products in 2019, the cost of goods sold is 6 million, the selling and administration expense is 1 million and research and development expense is 0.5 million. How much is the o profit in 2019? a. 3 million O b. 2 million O c. 1.5 million d. 4 million my choice ABC Company's retained earings was 2 million at the beginning of the year 2019. During 2019, the net income was 1 million, and ABC distributed 0.5 million of dividends. What is the retained earnings at the end of 2019? a. 1 million O b. 1.5 million O c. 3.5 million O d. 2.5 million On March 1, the board of directors declares a cash dividend to be paid on March 25 to shareholders of record on March 15. On which date would the company record a debit Dividend and a credit Dividend Payable? Select one: O a. March 25 O b. Dividends payable is never credited O c. March 15 O d. March 1