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On December 31, 2018, the Balance Sheet of Company a showed Retained Earnings of $900,000. On December 31, 2019, the Balance Sheet of Company A

On December 31, 2018, the Balance Sheet of Company a showed Retained Earnings of $900,000. On December 31, 2019, the Balance Sheet of Company A showed Retained Earnings of $700,000. Company A reported net income of $200,000 for the year ending December 31, 2018. How much did company A pay out in dividends to its shareholders. $ 200,000 $ 700,000 $ 400,000 $ 900,000

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