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 5,500 shares of common stock for cash at $20 per share. b. Issued 1,500 shares of common stock for cash at $23 per share. 4. Incentive Corporation has $45,000 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 declare and distribute? Maximum around of cashidden