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The year-end 2021 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $19,580, capital surplus of $34,090 and retained earnings of
The year-end 2021 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $19,580, capital surplus of $34,090 and retained earnings of $57,870 . On the 2020 year-end balance sheet, retained earnings are listed as $52,640 . The firm's net income in 2021 was $28,900 . No stock was issued or repurchased in 2021. What were total dividends paid by the firm in 2021? Record your answer rounded to the nearest dollar. Do not include a dollar sign or commas in your answer. For example, record $1,234,567.89 as 1234568.
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