Business, 16.08.2021 23:40 suxy16

.The balance in retained earnings at December 31, 2020 was $1,440,000 and at December 31, 2021 was $1,164,000. Net income for 2021 was $1,000,000. A stock dividend was declared and distributed which increased common stock $500,000 and paid-in capital $220,000. A cash dividend was declared and paid. The amount of the cash dividend was

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.The balance in retained earnings at December 31, 2020 was $1,440,000 and at December 31, 2021 was $...

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