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Donald's Inc. would like to declare dividends by distributing Inventory. Partial financial Information for Donald's Inc. is below. Cash balance Inventory Retained Earnings Accounts Receivable

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Donald's Inc. would like to declare dividends by distributing Inventory. Partial financial Information for Donald's Inc. is below. Cash balance Inventory Retained Earnings Accounts Receivable Dividends receivable Shareholder's equity $ 52,000 $ 20,000 $ 10,000 $ 7,500 $ 1,200 $129,000 What is the maximum property dividend that Donald's Inc. can declare given the above financial Information? Multiple Choice None of the other alternatives are correct $20,000 $129,000 $1,200 $52,000

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