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Fashion, Inc. had a Retained Earnings balance of $15,000 at December 31, 2018. The company had an average annual income of $7, 500 over the
Fashion, Inc. had a Retained Earnings balance of $15,000 at December 31, 2018. The company had an average annual income of $7, 500 over the next 4 years, and an ending Retained Earnings balance of $13,000 at December 31, 2022. What was the total amount of dividends paid over the last four years? $33, 500. $31, 250. $35,000. $32,000
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