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Over the first four years of the company's life, the company earned the following net income (loss): $10,000; $5,000; $6,000, and ($4,000). If the company's
Over the first four years of the company's life, the company earned the following net income (loss): $10,000; $5,000; $6,000, and ($4,000). If the company's ending retained earnings is $13,000 after year 4, what is the average amount of dividends paid per year?
$0
$4,000
$17,000
$1,000
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