Use the following information obtained from the company's computerized accounting information system to answer the question(s) below.Note: There were no preferred shares outstanding and no additional common shares were issued in 2011. 
Dividends declared in 2011 equal ________.
Definitions:
Fluid Presentation
A presentation style characterized by smooth and seamless flow of ideas, making it easy for the audience to understand and follow.
Focused Observation
A detailed and concentrated observation method in research, aiming to gather in-depth information on a specific phenomenon or behavior.
Theoretical Saturation
A point in qualitative research where no new themes, insights, or understanding emerge from data analysis, indicating that data collection can cease.
Grounded Theory
A research methodology that involves constructing theories through the systematic gathering and analysis of data related to a particular phenomenon.
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