Exercise 1-52 (Algorithmic) Relationships Among the Financial Statements The following information for Kellman Inc. is available at the end of 2019 Total assets on 12/31/2018 Total assets on 12/31/2019 Total liabilities on 12/31/2018 Total liabilities on 12/31/2019 Common stock on 12/31/2018 Common stock on 12/31/2019 Net income for 2019 $72,300 78,100 12,100 9,800 50,000 50,000 14,000 Required: Calculate the amount of dividends reported on the retained earnings statement for 2019. Check My Work Previous