BALANCE SHEET-IBC Company (December 31) (in millions of dollars) Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity STATEMENT OF CASH FLOW-IBC Company Operating Activities Net income Depreciation and amortization 2020 2019 (in millions of dollars) $ 2,115 $ 576 $ 2,270 $ 2,215 $ 1,555 $ 1,604 $ 5,940 $ 4,395 $ 8,894 $ 6,545 $ 14,833 $ 10,940 Decrease (increase) in inventories Decrease (increase) in accounts receivable Increase (decrease) in accounts payable Increase (decrease) in accrued wages and taxes Net cash provided by (used in) operating activities Investing Activities Additions to property, plant, and equipment Net cash used in investing activities Accounts payable $ 1,108 $ 791 Accruals 1,213 770 Notes payable 2,670 1,641 Total current liabilities 4,990 $ 3,202 Long-term bonds 4,747 3,829 Total abilities Common stock Retained earnings $ 9,737 $ 7,031 500 4,596 $ 5,096 $ 500 3,409 3,909 Total common equity Total abilities and equity (in millions of dollars) INCOME STATEMENT-IBC Company Net sales Operating costs except depreciation and amortization Depreciation and amortization Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Taxes (25%) Net income PER-SHARE DATA Common stock price Financing Activities Increase (decrease) in notes payable Increase (decrease) in bonds outstanding Payment of dividends to stockholders Net cash provided by financing activities $ 14,833 $ 10,940 Summary Net change in cash and equivalents: Cash and equivalents at the beginning of the year Cash and equivalents at the end of the year 2020 2019 $ 20,213 $ 19,250 $ 15,564 $ 15,015 $ 1,186 $ 935 $ 3,463 $ 3,300 $ 297 $ 164 $ 3,166 $ 3,136 $ 792 $ 784 2,375 $ 2,352 2020 2019 $229.34 $ 175.91 2020 $ 2,375 $ 1,186 $ 49 $ (55) $ 316 $ 443 $ 4,314 $ (3.534) $ (3,534) $ 1,029 $ 918 $ (1,187) $ 759 $ 1,539 $ 576 $ 2,115 Refer to the above financials for XYZ Company: Assume that the company has 100 million shares of common stock outstanding. What was the dividend per share paid out to the firm's stockholders in flecal year 2020? O $23.75 O$229.34 $50.96 $11.87