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LMN Ltd issued 1,000 shares of $10 par value common stock for $15 per share on January 1st,2023.OnDecember31st,2023,thecompanydeclaredandpaidacashdividendof$2per share. Calculate the total amount of dividends

LMN Ltd issued 1,000 shares of $10 par value common stock for $15 per share on January 1st, 2023. On December 31st, 2023, the company declared and paid a cash dividend of $2 per share. Calculate the total amount of dividends paid by LMN Ltd.

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