Question: A corporation declared a $ 0 . 5 0 per share cash dividend on its common shares. The company has 2 0 , 0 0

A corporation declared a $0.50 per share cash dividend on its common shares. The company has 20,000 shares authorized, 9,000 shares issued, and 8,000 shares of common stock outstanding. The total amount of the cash dividend is:
$4,000
$10.000
$4,500
$5,500
$6,000
A corporation declared a $ 0 . 5 0 per share cash

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