Question: In its recent income statement, Smith Software Inc. reported $23 million of net income, and in its year-end balance sheet, Smith reported $345 million of

In its recent income statement, Smith Software Inc. reported $23 million of net income, and in its year-end balance sheet, Smith reported $345 million of retained earnings. The previous year, its balance sheet showed $331 million of retained earnings. What were the total dividends paid to shareholders during the most recent year? (Answers are in $ millions.) $14.00 $9.00 $23.00 $7.00 $30.00

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