The Following Information Relates to the Zhang Corporation (In Thousands)

question 56

Short Answer

The following information relates to the Zhang Corporation (in thousands):
$\begin{array}{llr} \text { Sales revenue } &\$90\\ \text { Net assets, end of year } &70\\ \text { Net income, capital maintenance method } &25\\ \text { Additional investment by stockholders } &15\\ \text {Net assets beginining of year } &35\\\end{array}$
Required:
Compute the amount of dividends paid during the year, using the financial capital maintenance approach.

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