Question: Based on the information in the table below, calculate the amount of dividends paid by Jones Company in 2022 (no assets were disposed of during

Based on the information in the table below, calculate the amount of dividends paid by Jones Company in 2022 (no assets were disposed of during the year, and there was no change in interest payable or taxes payable).

December 2021

December 2022

Net Income

$1968

$2999

Accounts receivable

775

920

Accumulated depreciation

1090

1575

Common stock

4762

5208

Paid-in capital

7195

8161

Retained earnings

3350

2772

Accounts payable

776

751

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