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Question 16 5pts On 12/31/18, Hite Industries reported retained earnings of $475,000 on its balance sheet, and it reported that it had $135.000 of net

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Question 16 5pts On 12/31/18, Hite Industries reported retained earnings of $475,000 on its balance sheet, and it reported that it had $135.000 of net income during the year. On its previous balance sheet, at 12/31/17, the company had reported $445.000 of retained earnings. No shares were repurchased during 2018. How much in dividends did the form pay during 2018? $127.050 5111.300 $105.000 5124,950 $82,950

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