Question: TB MC Qu . 1 2 - 7 0 ( Algo ) Zwick Company bought... Zwick Company bought 2 4 , 5 0 0 shares

TB MC Qu.12-70(Algo) Zwick Company bought...
Zwick Company bought 24,500 shares of the voting common stock of Handy Corporation in January 2024. In December, Handy announced $201,000 net income for 2024 and declared and paid a cash dividend of $7.00 per share on all 204,000 shares of its outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2024 would be:
Multiple Choice
$ 0.
$24,140.
$171,500.
None of these answer choices are correct.

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