Question: On December 3 1 , 2 0 1 8 , the Balance Sheet of Company a showed Retained Earnings of $ 9 0 0 ,

On December 31,2018, the Balance Sheet of Company a showed Retained Earnings of $900,000. On December 31,2019, the Balance Sheet of Company A showed Retained Earnings of $700,000. Company A reported net income of $200,000 for the year ending December 31,2019. How much did company A pay out in dividends to its shareholders.
$200,000
$700,000
$400,000
$900,000
On December 31,2018, the Balance Sheet of Company a showed Retained

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