Consider the followingnormaladjusted account balances reported by Daylight Savings Time for the year ended 12/31/2018 and 12/31/2019. Please note that the 12/31/2019 balances are fully adjusted except to the extent that the December bank reconciliation is still pending and any resulting entries have therefore not yet been recorded. Additionally, please note that Daylight purchases all Office Supplies on account from vendor Standard Company. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Cash Accounts receivable Prepaid Advertising Expense Prepaid Insurance Expense Office Supplies Store equipment Office equipment Accumulated depreciation Accounts payable- Standard Co. Dividends Payable Interest Payable Notes payable Rent Payable Salaries Payable Unearned Service Fees Utilities Payable Common stock Retained earnings Dividends Service Revenue Interest Income Advertising Expense Salary Expense Depreciation Expense Office supplies expense Insurance Expense Interest expense Miscellaneous Expense Rent Expense Utilities Expense Loss on fixed asset disposal 12/31/2018 $12,550 16,000 6,600 7,350 16,000 84,000 52,000 22,000 6,000 9,000 600 40,000 3,000 5,000 16,000 900 50,000 42,000 12/31/2019 $9,700 25,000 5,850 8,150 14,000 66,000 52,000 30,000 9,000 7,000 0 0 5,000 3,000 21,000 1,000 75,000 42,000 35,000 356,000 100 27,000 165,000 18.000 24,000 13,000 1,000 3,400 65,000 9,000 8,000 Select the answer choice below that shows the amount of cash paid in 2019 for dividends. $37,000 $33,000 O $44,000 None of the answer choices provided are correct. $35,000