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TB MC Qu. 2-20 Statement of Retained Earnings Use the following Information to ... Statement of Retained Earnings Use the following information to find dividends

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TB MC Qu. 2-20 Statement of Retained Earnings Use the following Information to ... Statement of Retained Earnings Use the following information to find dividends paid to common stockholders during 2018. -$23.0m 72.0m Balance of Retained Earnings, December 31, 2017 Plus: Net Income for 2018 Less: Cash Dividends Paid Preferred Stock Common stock Total Cash Dividends Paid Balance of Retained Earnings, December 31, 2018 $6.2m ?m ?m $10.2m Multiple Choice $101.2 million O S32.6 million S82.2 million $38.8 million

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