Here's the question:

Hoya Inc reported a net income after tax of $1.3 Billion for the year 2029. During the same year, they declared and paid a cash dividend of $300 Million but forgot to record it. The corporate tax rate was 30%. What will be the new net income aer tax in Billions after factoring the declaration of dividends? O Unchanged 0 $1.00 Billion C) $1.60 Billion 0 $1.09 Billion