Question: Consider the information provided below: Beginning retained earnings $ 4 8 , 0 0 0 Ending retained earnings $ 1 0 3 , 0 0

Consider the information provided below:
Beginning retained earnings $ 48,000
Ending retained earnings $ 103,000
Decrease in cash $ 10,500
Net income $ 82,000
Change in stockholders equity $ 11,000
What was the total amount of dividends the company paid to stockholders in the current period?
Multiple Choice
$16,500
$27,000
$0
$103,000

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