Salah's net income for the year ended December 31, Year 2 was $175,000. Information from Salah's comparative balance sheets is given below. Compute the cash paid for dividends during Year 2. 
Definitions:
Head of Household
A tax filing status for individuals who are unmarried and provide home support for a qualifying person.
Federal Tax Withheld
The portion of an employee's paycheck that is taken by the employer and sent directly to the federal government as partial payment of income tax.
Tax Refund
The reimbursement of excess taxes paid by a taxpayer to the government over the course of the tax year.
Adjusted Gross Income
An individual's total gross income minus specific deductions allowed by the IRS, used to calculate taxable income.
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