The following account balances were drawn from the financial records of Kent Company (KC) as of January 1, Year 5: Assets, $16,000 : Llabilities, $4,400; Common Stock, $7,800; and Retained Earnings, $3,800. KC has agreed to pay the creditors $440 of interest per year. Further, KC agrees that for the Year 5 fiscal year any annual earnings remaining after the interest charges will be paid out as dividends to the owners: Required a. Assuming KC earns a before interest expense recognition profit of $980 during Year 5 , determine the amount of interest and dividends paid. b. Assuming KC earns a before interest expense recognition profit of $560 during Year 5 , determine the amount of interest and dividends paid. c. Assuming KC earns a before interest expense recognition profit of $100 during Year 5 , determine the amount of interest and dividends paid