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QUESTION 23 The year-end 2020 balance sheet of Brande X Inc. listed common stock and other paid-in capital at $2,700,000 and retained earnings at $5,000,000.

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QUESTION 23 The year-end 2020 balance sheet of Brande X Inc. listed common stock and other paid-in capital at $2,700,000 and retained earnings at $5,000,000. At the end of 2021 retained earnings were listed at $5,300,000. The firm's net income in 2021 was $800,000. There were no stock repurchases or new issue of stock during the year. What were the dividends paid by the firm in 2021

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