Question 1 of 12 P On January 1, 2018, Joelle Company had a credit balance of $28,000 in retained earnings. Joelle Company reported $14,000 of revenues and $6,500 of expenses in 2018. On December 31, 2018, Joelle Company had a credit balance of $34,750 in retained earnings. Assume no other transactions except for dividends affected the Company's retained earnings during the year. During 2018, what was the total amount of dividends declared by the Company? $

On January 1,2018, Joelle Company had a credit balance of $28,000 in retained earnings. Joelle Company reported $14,000 of rewenues and $6,500 of expenses in 2018. On December 31, 2018, Joelle Company had a credit balance of \$34,750 in retained eamings. Assume no other transactions except for dividends affected the Company's retained earnings during the year. During 2018, what was the total amount of dividends declared by the Company? $