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The following information is available for a company: December 31, 2018: Total Assets $225,000 Net income for the year $4,000 Dividends paid $0 December 31,

The following information is available for a company:

December 31, 2018:

Total Assets

$225,000

Net income for the year

$4,000

Dividends paid

$0

December 31, 2019:

Total Assets

$209,000

Net loss for the year

$8,000

Assets are financed with 50% debt and 50% equity of the equity comes from contributed capital. No new debt or equity issued or repurchased

In 2019, the company most likely:

A.

Paid a dividend of $5,000

B.

No dividend Paid

C.

Paid a dividend of 2,500

I got 8000 on Dividend. I am not sure whether I'm right or not.

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