Question 5 3 pts The following information was taken from the accounting records of XYZ Company for the year ended December 31, 2019: $40,000 $34,000 $70,000 Cost of Goods Sold Salaries Payable Inventory Cash Accounts Payable Common Stock Accounts Receivable Retained Earnings Salaries Expense Dividends Interest Revenue Supplies Notes Payable Patent Sales Revenue Equipment Income Tax Expense $62,000 $70,000 $35,000 $40,000 Cat January 1, 2019) $32,000 ? $12,000 $10,000 $94,000 $65,000 $97,000 $91,000 $10,000 Additional information Total equity at December 31, 2019 is equal to 70% of total liabilities at December 31, 2019. Calculate the amount of dividends XYZ Company paid to its stockholders during 2019. 46,000