.

Salashar, Inc.'s balance sheet is as follows:

Cash $1,000,000 Current Liabilities $1,300,000

Other Current Assets $2,000,000 Long-term Debt $4,100,000

Long-term Assets $8,000,000 Common Stock $5,000,000

Retained Earnings $ 600,000

Total Assets $11,000,000 Total Liab. And Equity $11,000,000

Salashar decides to pay a dividend. Which of the following statements is MOST correct? (Points : 2)

The dividend cannot exceed $1,000,000, the amount of cash available. The dividend cannot exceed $1,700,000, the amount of net working capital. The dividend cannot exceed $600,000, the amount of retained earnings. The dividend cannot exceed $11,000,000, the amount of total assets