The following condensed information is reported by Sporting Collectibles. INCOME STATEMENT INFORMATION Sales revenue Cost of goods sold Net income BALANCE SHEET INFORMATION Current assets Long-term assets Total assets Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity MARKET INFORMATION Stock price Shares Outstanding 2024 $ 12, 144,000 7,893,600 382,720 $ 1,640,000 2,240,000 $ 3,880,000 $ 1,240,000 1,460,000 840,000 340,000 $ 3,880,000 $ 12.00 278,666 Required: 1. Calculate the following ratios for 2024: 2. Determine the amount of dividends paid to shareholders in 2024. 2023 $ 8,800,000 6,300,000 288,000 $ 1,540,000 1,940,000 $ 3,480,000 $ 940,000 1,460,000 840,000 240,000 $ 3,480,000 $10.90 278,666

what are the amount of dividends paid ?

The following condensed information is reported by Sporting Collectibles. Required: 1. Calculate the following ratios for 2024 : 2. Determine the amount of dividends paid to shareholders in 2024 . Calculate the following ratios for 2024 : Note: Do not round your intermediate calculations