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Logan Compan Balance Sheet at December 31, 2021 reports the following (in millions): 2021 2020 Total Assets 85 SO Total Liabilities 55 45 During 2021,

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Logan Compan Balance Sheet at December 31, 2021 reports the following (in millions): 2021 2020 Total Assets 85 SO Total Liabilities 55 45 During 2021, Logan Company earned net income in the amount of $14 million and issued $8 million of common stock. calculate the amount of dividends that Logan Company should report in its 2021 Statement of Stockholders Equity $5 million $3 million $2 million $7 million None of the above

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