Required information E5-13 (Algo) Inferring Stock Issuances and Cash Dividends from Changes in Stockholders' Equity L05-3 [The following information applies to the questions displayed below.) Northwest Gas and Electric Company is a giant public utility operating in northern and central California whose annual revenues exceed $17 billion. It reported the following December 31 simplified balances in its statement of stockholders' equity (dollars in millions): Common stock Paid-in capital Retained earnings Current Year Prior Year $1,322 $1,320 8,505 8,054 9,636 8,745 During the current year, Northwest Gas and Electric reported net income of $1,668. E5-13 Part 1 Required: 1. How much did Northwest Gas and Electric declare in dividends for the year? (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Dividends