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Marble Corporation had the following balances in its stockholders' equity accounts at December 31, 2012: $200,000 Common Stock, $10 par, 50,000 shares authorized, 20,000 shares

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Marble Corporation had the following balances in its stockholders' equity accounts at December 31, 2012: $200,000 Common Stock, $10 par, 50,000 shares authorized, 20,000 shares issued Contributed Capital in Excess of Par Value, Common Retained Earnings Total stockholders' equity 250,000 500,000 $950,000 The following transaction occurred during 2013: May 10 Declared a $0.50 per share dividend on common stock. How much should the Cash account be credited for on May 10

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