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Aikman Company paid dividends of $2,460, $0, $1,520 and $960 over the first four years of the company's existence, respectively. If Retained Earnings has an
Aikman Company paid dividends of $2,460, $0, $1,520 and $960 over the first four years of the company's existence, respectively. If Retained Earnings has an ending balance of $10,600 at the end of year four, what was the average annual amount of net income (loss) over the first four years for Aikman? (Round your answer to the nearest dollar amount.) Multiple Choice $1,235 $3,885 $5,450 $15.540
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