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Please refer to Table 3-1 for the following questions. Table 3-1 Jones Company Financial Information Net Income Accounts receivable Accumulated depreciation Common stock Paid-in capital

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Please refer to Table 3-1 for the following questions. Table 3-1 Jones Company Financial Information Net Income Accounts receivable Accumulated depreciation Common stock Paid-in capital Retained earnings Accounts payable December 2009 December 2010 $2,000 $4,000 750 950 1,000 1,500 4,500 5000 7,500 8500 1,500 3,500 750 750 Based on the information in Table 3-1, calculate the amount of dividends paid by Jones Company in 2010 (no assets were disposed of during the year, and there was no change in interest payable or taxes payable) O $4,000 $2,000 $500 $3,500

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