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On September 11, 2014. the Hafar Corporation has unrestricted Retained Earnings of $6,000,000. Appropriated Retained Earnings of $4,000,000. Cash of $7,500,000. and Accounts Payable of

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On September 11, 2014. the Hafar Corporation has unrestricted Retained Earnings of $6,000,000. Appropriated Retained Earnings of $4,000,000. Cash of $7,500,000. and Accounts Payable of $500,000. What is the maximum amount that the corporation could use for cash dividends on that date? $7,500,000 $7,000,000 $6,000,000 $5,500,000

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