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scredit to Common stock for 1. 1101200 1. 1107200 c. H,oo a 36,000 The charter of a corporation provides for the issuance of 108,750 shares

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scredit to Common stock for 1. 1101200 1. 1107200 c. H,oo a 36,000 The charter of a corporation provides for the issuance of 108,750 shares of common stock. Assume that 41,816 shares were originally issued and 3,826 were subsequently reacquired. What is the amount of cash dividends to be paid if a $3-per-share dividend is declared? a. $326,250 b. 511,478 c. $125,448 d. $113,970

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