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The balance in retained earnings at December 31,2020 was $1430000 and at December 31,2021 was $1165000. Net income for 2021 was $1094000. A stock dividend

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The balance in retained earnings at December 31,2020 was $1430000 and at December 31,2021 was $1165000. Net income for 2021 was $1094000. A stock dividend was declared and distributed which increased common stock $499000 and paid-in capital $111000. A cash dividend was declared and paid. The amount of the cash dividend was

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