Question: In its recent income statement, Smith Software Inc. reported $26 million of net income, and in its year-end balance sheet, Smith reported $339 million of

In its recent income statement, Smith Software Inc. reported $26 million of net income, and in its year-end balance sheet, Smith reported $339 million of retained earnings. The previous year, its balance sheet showed $320 million of retained earnings. What were the total dividends paid to shareholders during the most recent year? (Answers are in $ millions.) $26.00 $19.00 $7.00 $5.00 $33.00

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