Question: In its recent income statement, Smith Software Inc. reported $24 million of net income, and in its year-end balance sheet, Smith reported $372 million of

In its recent income statement, Smith Software Inc. reported $24 million of net income, and in its year-end balance sheet, Smith reported $372 million of retained earnings. The previous year, its balance sheet showed $352 million of retained earnings. What were the total dividends paid to shareholders during the most recent year? (Answers are in $ millions.) $2.00 $20.00 $24.00 $4.00 $31.00

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