ired information 2 Reporting Stockholders' Equity and Determining Dividend Policy [LO 11-2, LO 11-3] following information applies to the questions displayed below.) ative Corporation was authorized to issue 12,000 shares of common stock, each with a $1 par value. During its fir the following selected transactions were completed: sued 6,000 shares of common stock for cash at $20 per share. sued 2,000 shares of common stock for cash at $23 per share. art 4 e Corporation has $30,000 in the company's bank account. At year-end, the accounts reflected a profit of $100. V im amount of cash dividends the company can declare and distribute? amount of cash dividends