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Your Company's balance sheet reported common stock of $7,500 and retained earnings of $5,000 as of January 1, 2019. Retained Earnings on the December 31,

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Your Company's balance sheet reported common stock of $7,500 and retained earnings of $5,000 as of January 1, 2019. Retained Earnings on the December 31, 2019 balance sheet was $11,000 and the company had net income for the year of $9,500. How much was. paid as a dividend during the year? $11,000 $15,500 \$ 6,500 $3,500

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