On its 2009 balance sheet, ABC company showed a balance of retained earnings equal to $510 million. On its 2010 balance sheet, the balance of retained earnings was also equal to $510 million. Which of the following statements is most correct?

Question 12 options:

1)	The company must have had net income equal to zero in 2010.

2)	The company did not pay a dividend in 2010.

3)	If the company's net income in 2010 was $200 million, dividends paid must have also equaled $200 million

4)	If the company lost money in 2010, they must have paid some dividend.