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Question 40 (2.5385 points) On June 1, 2019, Smithson, Inc. paid a common stock dividend of $0.14 per share and on December 1, 2019, Smithson

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Question 40 (2.5385 points) On June 1, 2019, Smithson, Inc. paid a common stock dividend of $0.14 per share and on December 1, 2019, Smithson paid a common stock dividend of $0.17 per share. These were the only dividend payments made in 2019. On its December 31, 2018 balance sheet, Smithson, Inc. reported common stock ($2 par value) of $407,000,000, additional paid in capital of $4,350,000, and retained earnings of $13,300,000. On its December 31, 2019 balance sheet, Smithson, Inc. reported common stock ($2 par value) of $407,000,000, additional paid in capital of $4,350,000 and retained earnings of $15,300,000. Given this information, what did Smithson, Inc. report as net income on its 2019 income statement? Record your number as a dollar amount rounded to 0 decimal places, but do not include a dollar sign or any commas in your answer. For example, enter $32,903.82185 as 32904. If your answer is a negative amount, place a hyphen (-) before the number with no space between the hyphen and the number. For example, enter negative $39,253 as-39253. Your

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