The following information is available for a company:

December 31, 2017: Total Assets $100,000 Net income for the year $4,000 Dividends paid $0

Assets are equally financed with debt and equity 50% of the equity comes from contributed capital

December 31, 2018: Total Assets $92,000 Net loss for the year $3,000 No new debt or equity issued or repurchased

In 2018, the company most likely:

		Paid a dividend of $5,000
		Paid a dividend of $1,000
		Did not pay a dividend because they incurred a loss.