The year-end 2013 balance sheet of Brandex Inc. listed common stock and other paid-in capital at $2,200,000 and retained earnings at $4,500,000. The next year, retained earnings were listed at $4,800,000. The firm's net income in 2014 was $1,010,000. There were no stock repurchases during the year. What were the dividends paid by the firm in 2014? Dividends paid