During 2019, Wilder Corporation had total credit sales of $40,000, received total cash collections of $36,000, wrote off $1,200 of uncollectible accounts, and recovered $3,000 of previously written off accounts. If the accounts receivable balance on January 1, 2019 is $25,400, what is the balance in the account on December 31, 2019?

Select one:

a. $27,600

b. $52,400

c. $32,400

d. $31,200

Evans. Inc. started the year with three stockholders and $180,000 in total Stockholder's Equity. During the year, each shareholder made an additional investment of $30,000 and net income for the year was $60,000. If the company's ending Stockholder's Equity on December 31 is $210,000, how much was paid out in dividends to each individual shareholder?

Select one:

a. $60,000

b. $120,000

c. $20,000

d. $40,000