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At May 1, Yucca had a balance in retained earnings of $6,500. Yucca had revenue of 76,300 during May. Yucca had expense of 43,000during May.
At May 1, Yucca had a balance in retained earnings of $6,500.
- Yucca had revenue of 76,300 during May.
- Yucca had expense of 43,000during May.
- Yucca received $10,000 from shareholders in exchange for issuing stock during May.
- At the end of May, the balance in retained earnings on the balance sheet was3,700.
What did Yucca pay as dividends during May? State the dividend amount as a positive number.
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