ABC has a corporate charter that authorizes it to issue up to $100,000$ shares of $$1$ par value common stock. The following events occur in $2022$:

On January $1,$ ABC issues $10,000$ shares of common stock for $$20$ per share. On April $1,$ ABC declares a dividend of $$2$ per share. On May $1,$ the dividend is paid. On September $1,$ ABC repurchases $1,000$ shares of its common stock for $$15$ per share. On October $1,$ ABC declares another $$2$ per share dividend. On November $1,$ the dividend is paid. ABC had $$50,000$ in net income for the year.Question $9$

By how much does the declaration and payment of dividends during $2022$

decrease net income for ABC $?$

If the amount increases income, enter it as a positive number. If the amount

decreases income, enter it as a negative number. Enter your numbers with no dollar

signs and no commas. For example, if the answer is $$21,000,$ enter $21000.$