Sheffield Rides Inc. has a March 31, 2024, fiscal year end and a 35% income tax rate. The following information is available for its 2024 year end: 1Performed $872,000 service revenue and paid $330,000 in salariesInterest expense was $12,400 2 Paid dividends in December 2023 of $14,500 that had been declared in November 2023 3 On March 10, 2024, declared dividends of $19.700 payable April 30, 2024 4 Recorded and remitted income taxes of $147,000 (related to 2024 fiscal year)