The following account balances were drawn from the financial records of Kent Company (KC) as of January 1, Year 5: Assets, $18,500; Liabilities. $4.900: Common Stock, $8,800; and Retained Earnings, $4,800, KC has agreed to pay the creditors $490 of Interest per year, Further, KC agrees that for the Year 5 fiscal year any annual earnings remaining after the interest charges will be pold out as dividends to the owners. Required a. Assuming KC earns a before interest expense recognition profit of $1,080 during Year 5, determine the amount of Interest and dividends paid. b. Assuming KC earns a before interest expense recognition profit of $635 during Year 5, determine the amount of Interest and dividends pald. c. Assuming KC earns a before interest expense recognition profit of $100 during Year 5, determine the amount of Interest and dividends pald. a. Amount of interest Dividends paid b. Amount of interest Dividends pald c. Amount of interest Dividends paid