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On December 31, 2014, Bradshaw Corporation as an ending balance for its retained earnings account. During 2015, the corporation declared a $3.50/share dividend to its

On December 31, 2014, Bradshaw Corporation as an ending balance for its retained earnings account. During 2015, the corporation declared a $3.50/share dividend to its stockholders. The company has 35,000 shares of common stock outstanding. When the books were closed for 2015 year end, the corporation had a final retained earnings balance of $565,00. What was the net profit earned by Bradshaw corporation during 2015:

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