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Bagwell's net income for the year ended December 31, Year 2 was $186,000. Information from Bagwell's comparative balance sheets is given below. 102 Compute the
Bagwell's net income for the year ended December 31, Year 2 was $186,000. Information from Bagwell's comparative balance sheets is given below. 102 Compute the cash paid for dividends during Year 2. At December 31 Year 2 Year 1 Common Stock, $5 par value Paid-in capital in excess of par Retained earnings $501,000 $450,900 949,000 853,900 Skipped 689,000 582,900 Multiple Choice $50.100 $106,100. $95,100. $79,900
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