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Winston Corporation includes the following in the stockholders' equity section of its balance sheet: the par value of its common stock is $10.00 and the
Winston Corporation includes the following in the stockholders' equity section of its balance sheet: the par value of its common stock is $10.00 and the total balance in the common stock par account is $400,000. Also noted is that 4,000 shares are currently designated as treasury stock. Winston declared a $2 dividend per share. What is the total amount Winston will pay in the form of a dividend? O $80,000 O $72,000 O $40,000 O $800,000
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