Below are balance sheet and income statement data for Howard Bannister Company. Note: For the balance sheet data, the end-of-year information is in the left column.

Balance Sheet Data

	20X2	20X1
Accounts Payable	165	95
Accumulated Depreciation	520	339
Cash	200	100
Common Stock	1,000	700
DIVIDENDS PAYABLE	40	25
Equipment	2,700	2,395
Income Tax Payable	100	135
Inventory	1,120	890
Mortgage Payable	900	1,265
Prepaid General Expenses	300	350
Retained Earnings (ending balance, after closing)	1,545	1,098
Unearned Sales Revenue	50	78

Income Statement Data (for 20X2)

Sales		10,000
Cost of Goods Sold	6,000
General Expenses	2,000
Depreciation Expense	330
Loss on Sale of PPE	100
Income Tax Expense	700
Total Expenses		9,130
Net Income		870

Additional Information:

a. Equipment with a (net) book value of $300 was sold during 20X2.

b. All accounts payable relate to inventory purchases.

c. Equipment costing $160 was purchased with a mortgage during 20X2. This fact is already reflected in the balance sheet numbers reported above. All other purchases of Equipment in 20X2 were cash transactions.

Compute the CASH PAID FOR DIVIDENDS in 20X2.

		$422
		$378
		$428
		$408
		458
		438