answer this question instead with year X7, for the previous question i put debit to retained earnings am i right? ill give thumbs up

Cole's Mining Company had a retained earnings balance of $1,650,000, accumulated depletion on mineral properties of $2,100,000, and paid-in capital in excess of par of $5,435,493. Cole's board declared a dividend of $3 per share on the 1,000,000 shares outstanding. The entry to record the cash dividend would include a a. debit to cash for $3,000,000 b. credit to retained earnings for $1,650,000 c. debit to paid-in capital in excess of par for $1,350,000 d. debit to retained earnings for $3,000,000 Farm Product Inc. has the following information for fiscal year ending 12/31/X6: Net sales $13,877,000; total assets $9,857,000, net income $1,155,600. For fiscal year ending 12/31/X7: Net sales $14,412,000; total assets $7,995,000; net income $1,341,000. Compute asset turnover for the year X7. Ca. 1.46 b. 1.55 c. 1.61 O d. 1.02 e. 1.29