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Fashion, Inc. had a Retained Earnings balance of $18,000 at December 31, 2018. The company had an average annual income of $7,000 over the next

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Fashion, Inc. had a Retained Earnings balance of $18,000 at December 31, 2018. The company had an average annual income of $7,000 over the next 4 years, and an ending Retained Earnings balance of $14,000 at December 31, 2022. What was the total amount of dividends paid over the last four years? $31,250. O $33,500. $35,000 $32,000

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