Given the Information Below About Thomas Corporation,what Was the Amount

question 123

Multiple Choice

Given the information below about Thomas Corporation,what was the amount of dividends the company paid in the current period?
$$\begin{array} { | l | r | } \hline \text { Beginning retained earnings } & \$ 54,000 \\\hline \text { Ending retained earnings } & \$ 110,000 \\\hline \text { Decrease in cash } & \$ 10,000 \\\hline \text { Net income } & \$ 84,000 \\\hline \text { Change in stockholders' equity } & \$ 15,000 \\\hline\end{array}$$

• A)$13,000.
• B)$110,000.
• C)$28,000.
• D)$18,000.

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