On 12/31/21, Hite Industries reported retained earnings of $545,000 on its balance sheet, and it reported that it had $135,000 of net income during the year. On its previous balance sheet, at 12/31/20, the company had reported $445,000 of retained earnings. No shares were repurchased during 2021. How much in dividends did the firm pay during 2021? Round to the nearest dollar.

On 12/31/21, Hite Industries reported retained earnings of $545,000 on its balance sheet, and it reported that it had $135,000 of net income during the year, On its previous balance sheet, at 12/31/20, the company had reported $445,000 of retained earnings. No shares were repturchased during 2021. How much in dividends did the firm pay during 2021? Round to the nearest dollat