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Your Company's balance sheet reported common stock of $3,000 and retained earnings of $5,000 as of January 1, 2022. Retained Earnings on the December
Your Company's balance sheet reported common stock of $3,000 and retained earnings of $5,000 as of January 1, 2022. Retained Earnings on the December 31, 2022 balance sheet was $7,000 and the company had net income for the year of $13,000. How much was paid as a dividend during the year? O $11,000 O $12,000 O $ 7,000 O $18,000
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