Required information [The following information applies to the questions displayed below] Incentive Corporation was authorized to issue 12.000 shares of common stock, each with a $2 par value. During its first year, the following selected transactions were completed: a. Issued 5,200 shares of common stock for cash at $22 per share b. Issued 1.200 shares of common stock for cash at $25 per share. 9. Incentive Corporation has $48,000 in the company's bank account. At year-end, the accounts reflected a profit of $100. What is the maximum amount of cash dividends the company can deciare and distribute