MC Qu$.2-20$ Statement of Retained Earnings Use the following information to$...$

atement of Retained Earnings Use the followinginformation to find dividends paid to common stockholders durrg $20$ ors.

Balance of Retained Earnirgs, Decerber $31,2917$

$ $23,8$ million

Plus: let Incone for $2018$

$72.8$ million

Less: Cash Dividends Paid

Preforred Stock

S$.6\mathrm{.}2$ ril$1$ion

Common$-$stock

rintilion

Yotal$-$Cash Dividends Paid

$?$ nil$1$ion

Balance of Retained Earnings, Deconber$-31,-2018$

$510\mathrm{.}2$ aillion