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On February 27, 2020 Nordstrom declared a $.37 cash dividend. Assume the company has 1,000,000,000 shares authorized, 156,000,000 shares issued and 155,000,000 shares outstanding. On

On February 27, 2020 Nordstrom declared a $.37 cash dividend. Assume the company has 1,000,000,000 shares authorized, 156,000,000 shares issued and 155,000,000 shares outstanding. On March 25, 2020 Nordstrom will pay this cash dividend.

How much will Nordstrom's income statement change by from the transaction on February 27th?

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