Question: Consider the following facts for Java Jolt : a . Beginning and ending Retained Earnings are $ 4 6 comma 0 0 0 and $

Consider the following facts for Java Jolt: a. Beginning and ending Retained Earnings are $ 46 comma 000 and $ 78 comma 000, respectively. Net income for the period is $ 63 comma 000. b. Beginning and ending Plant Assets are $ 120 comma 500 and $ 124 comma 500, respectively. c. Beginning and ending Accumulated Depreciationlong dashPlant Assets are $ 21 comma 500 and $ 22 comma 500, respectively. d. Depreciation Expense for the period is $ 14 comma 000, and acquisitions of new plant assets total $ 30 comma 000. Plant assets were sold at a $ 3 comma 000 gain. pop-up content ends Requirements 1. How much are cash dividends? 2. What was the amount of the cash receipt from the sale of plant assets?

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