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Relationships Among the Financial Statements The following information for Kellman Inc. is available at the end of 2019. Total assets on 12/31/2018 $72,500 Total assets

Relationships Among the Financial Statements

The following information for Kellman Inc. is available at the end of 2019.

Total assets on 12/31/2018 $72,500
Total assets on 12/31/2019 78,300
Total liabilities on 12/31/2018 12,100
Total liabilities on 12/31/2019 9,800
Common stock on 12/31/2018 50,000
Common stock on 12/31/2019 50,000
Net income for 2019

14,700

Calculate the amount of dividends reported on the retained earnings statement for 2019.

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