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Cash Accounts receivable Inbentories Land Other fixe d asaets Accumulate d de preciation Total assets Accounts payable $1,000 8,000 4,000 10,000 5,000 9,000 7,000 10,000

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Cash Accounts receivable Inbentories Land Other fixe d asaets Accumulate d de preciation Total assets Accounts payable $1,000 8,000 4,000 10,000 5,000 9,000 7,000 10,000 5,500 $26,400 $4,200 4,000 15,000 $7,000 4,000 16,000 3,2003800 26400$ Common stock Retained eamings Total debt and equity Snark Enterpises, Inc Income Statement $44,900 Cost of goods sold(22000) $12,900 Operating expenses (10,000) Sales Gross profit Depredation NOI $2,500 (500) $2000 Interest expense EBT Taxes Net Income Based on the information contained in Table 3, what was the total amount of Snark Enterprise's common stock dividend for 1996? S0

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