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The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 35,000 shares were originally issued and 4,200 were

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The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 35,000 shares were originally issued and 4,200 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2pershare dividend is deciared? a. 570,000 b. 5200,000 c. 58,400 d. 561,000

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