Question Help Dividend constraints A firm has $850,000 in paid in capital, retained earnings of $14.000 (including the current year's earings, and 20,000 shares of common stock outstanding. In the current year, it has $32,000 of earnings available for the common stockholders a. What is the most the firm can pay in cash dividends to each common stockholder? (Assume that legal capital includes all paid in capital) b. What effect would a cash dividend of $0.99 por share have on the firm's balance sheet entries? c. If the firm cannot raise any new funds from external sources, what do you consider the key constraint with respect to the magnitude of the firm's dividend payments? a. Ir legal capital is assumed to include all paid-in capital, the most the firm can pay in cash dividends to each common stockholderis (Round to the nearest cent)