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The following information is available for Cyrus Corp. What amount of cash was paid for dividends during 2018? 2018 2017 Net Income $84,000 $84,500 Cash

The following information is available for Cyrus Corp. What amount of cash was paid for dividends during 2018?

2018 2017
Net Income $84,000 $84,500
Cash & Cash Equivalents 13,600 12,200
Common Stock 90,000 70,000
Retained Earnings 74,000 49,000

a.) $109,500 b.) $109,000 c.) $59,500 d.) $59,000

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