Question 2 Roam Adventure Co. had the following income statement and balance sheet values for fiscal year 2020: Accounts Payable =$64,600 Accounts Receivable =$38,665 Inventory =$82,555 Long-Term Debt =$150,000 Net Fixed Assets =$392,350 Notes Payable =$16,150 Sales Revenue =$735,700 Common Stock =$130,000 Cash =$24,035 Payout Ratio =30% COGS=$650,700 Interest Expense =$12,600 Accum. Retained Earnings =$176,855 Selling \& Admin Expense =$17,100 Tax Rate =35% Sales are projected to grow by 20% in 2021 . Interest Expense will remain constant next year. The Tax Rate and Dividend Payout Rate will also remain constant next year. COGS, Selling \& Admin, Current Assets, Net Fixed Assets, and Accounts Payable increase spontaneously with Sales. If External Funds are needed, the firm has decided to borrow them. If there is a surplus of External funds, then the firm has decided to pay down Long-Term Debt. What is the original amount of dividends paid? $13,163.50 $14,847.25 $11,998.47 $12,552.10 $10,783.50