Given the following financial statements for ACME Corporation, what amount did the company pay in dividends for 2010? Income Statement: 12/31/2010 Sales $1,300,000 Cost of Goods 750,000 Sold Operating 200,000 Expenses Depreciation 100,000 Expense EBIT 250,000 Interest Expense 50,000 EBT 200.000 Taxes 80,000 Net Income $120,000 Balance Sheets 12/31/2010 Current Assets $50,000 Gross Fixed Assets 880,000 Less Accumulated Depreciation 450,000 Fixed Assets 430,000 Total Assets $480,000 12/31/2009 $45,000 650.000 350,000 350,000 $395,000 Current Liabilities $35,000 Long-term Debt Common Stock 330,000 5,000 $50,000 270,000 5,000 70,000 Retained Earnings 110,000 Balance Sheets 12/31/2010 12/31/2009 $45,000 650,000 Current Assets $50,000 Gross Fixed Assets 880,000 Less Accumulated Depreciation 450,000 Fixed Assets 430,000 Total Assets $480,000 350.000 350.000 $395,000 $35,000 Current Liabilities Long-term Debt Common Stock $50,000 270,000 330,000 5,000 Retained Earnings Total Liabilities & Equity 5,000 110,000 $480,000 70,000 $395,000 $80,000 $45.000 $100,000 $25.000