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This Question: 10 pts 2 of 24 (1 complete) Thi Consider the following facts for Mug's Best i(Click the icon to view the facts.) Requirements

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This Question: 10 pts 2 of 24 (1 complete) Thi Consider the following facts for Mug's Best i(Click the icon to view the facts.) Requirements How much are cash dividends? What was the amount of the cash receipt from the sale of plant assets?" 1 i More Info 2. Requirement 1. How much are cash dividends? a. Beginning and ending Retained Eamings are $46,000 and $67,000, respectively. Net income for the period is $64,000. b. Beginning and ending Plant Assets are $127,500 and $137,500, respectively c. Beginning and ending Accumulated Depreciation-Plant Assets are $21,500 and $25,500, respectively d. Depreciation Expense for the period is $17,000, and acquisitions of new plant assets total $24.000. Plant assets were sold at a $6,000 gain 43,000 Cash dividends are $ Requirement 2. What was the amount of the cash receipt from the sale of plant assets? The cash receipt from the sale plant assets is $ Print Done

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