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

Statement of Retained Earnings Use the following information to find dividends paid to common stockholders during $2018.$

Balance of Retained Earnings, December $31,2017$

Plus: Net Income for $2018$

$-$$ $23\mathrm{.}0$ million

Less: Cash Dividends Paid

$\mathrm{.}62\mathrm{.}0$ million

Preferred Stock

Common Stock

$ $5\mathrm{.}2$ million

Total Cash Dividends Paid

$?$ million

Balance of Retained Earnings, December $31,2018$