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The following was reported in Pharoah Ltd's 2021 financial statements: 2021 2020 Dividends payable $10,800 $9,000 Retained earnings 117,450 51,300 Profit 88,650 Calculate cash payments

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The following was reported in Pharoah Ltd's 2021 financial statements: 2021 2020 Dividends payable $10,800 $9,000 Retained earnings 117,450 51,300 Profit 88,650 Calculate cash payments for dividends. Cash payment for dividends $

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