Given the following financial statements for ACME Corporation, what amount did the company pay in dividends for 2010? Income Statement Balance Sheet Year Ended 12/31/10 12/31/2010 12/31/2009 Sales $1,300,000 Current Assets $50,000 $55,000 Cost of Goods Sold 750,000 Gross Fixed Assets $880,000 Less Accumulated Depreciation Operating Expenses 200,000 450,000 350,000 Depreciation Expense 100,000 Fixed Assets 430,000 350,000 $405,000 EBIT 250,000 Total Assets $480,000 Interest Expense 50,000 EBT 200,000 Current Liabilities $35,000 $50,000 Taxes 80,000 Long-term Debt 330,000 270,000 Net Income $120,000 Common Stock 5,000 5,000 Retained Earnings 110,000 80,000 Total Liabilities & Equity ** $480,000 S480,000 $405,000 1. $30,000 2. $80,000 3. $75,000 4. $90,000