Statement of Retained Earnings Use the following information to find dividends paid to common stockholders during 2018. Balance of Retained Earnings, December 31, 2017 -$ 25.0 million Plus: Net Income for 2018 70.0 million Less: Cash Dividends Paid Preferred Stock $ 6.0 million Common Stock ? million Total Cash Dividends Paid ? million Balance of Retained Earnings, December 31, 2018 $ 10.0 million Multiple Choice $80.0 million $29.0 million