Question 39 2.5 pts A firm has the following stockholders' equity balances: Common stock at par: $400,000 Paid-in capital in excess of par: $1,200,000 Retained earnings: $2,000,000 In states where the firm's legal capital is defined as the par value of its common stock, the maximum cash dividend the firm could pay is: $3,600,000. O $400,000 O $3,200,000 $1,600,000