Jennings, Inc. reported net income of $9.412,600 for the fiscal year ending December 31, Year 2. If Jennings reported Retained earnings of $43,886,600 for Year 1 and Retained earnings of $46,920,100 for Year 2, what total amount of dividends did Jennings pay out to its stockholders in Year 2? 1) $8,392,500 2) $6,379,100 3) $3,033,500 4) $9,412,600 5) $7,215,100 Page 8 of 40 Next Page Previous Page