The following accounts and balances were drawn from the records Your Company. What is the total for assets? Cash $4,200 $ 950 Accounts Receivable Common Stock Dividends $ 250 $3,650 Land $1,750 Revenue $3,000 $2,000 Expense $1.500 Accounts Payable $5,950 $7,150 $6.900 $7.900 $7.700. What is the total for owner's equity on the balance sheet after the following cash transactions are recorded? 1) Acquired $42.000 cash from the issue of common stock. 2) Borrowed $35.000 from a bank. 3) Earned $16.500 of revenues. 4) Expenses were $10,500. 5) Paid a $2.500 dividend. $45,500 556,000 $80,500 $41,000 583,000 Your Company's balance sheet reported common stock of $3,000 and retained earnings of $5,000 as of January 1, 2019. Retained Earnings on the December 31, 2019 balance sheet was $11,000 and the company had net income for the year of $15,000. How much was paid as a dividend during the year? $12,000 $9,000 $1,000 $21,000