Business, 23.03.2020 20:41 Corgilover1234

Superior has provided the following information for its recent year of operation:
The common stock account balance at the beginning of the year was $13,000 and the year-end balance was $16,500.

The additional paid-in capital account balance increased $3,800 during the year.
The retained earnings balance at the beginning of the year was $75,000 and the year-end balance was $92,000.

Net income was $39,000.
How much were Superior's dividend declarations during its recent year of operation?
A. $39,000.

B. $56,000.

C. The dividend declarations can not be determined given the above information.

D. $22,000.

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Superior has provided the following information for its recent year of operation:
The common s...

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