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Fashion, Incorporated had a Retained Earnings balance of $12,000 at December 31, 2024. The company had an average income of $7,500 over the next 3

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Fashion, Incorporated had a Retained Earnings balance of $12,000 at December 31, 2024. The company had an average income of $7,500 over the next 3 years, and an ending Retained Earnings balance of $15,000 at December 31, 2027. What was the total amount of dividends paid over the last three years? Muniple Choico 54,500 56,500 $27,000 $19.500

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