The ending Retained Earnings balance of Lambert Inc. increased by $1.4 million from the beginning of the year. The company's net income earned during the year is $4.2 million. What is the amount of...

Extracted text: The ending Retained Earnings balance of Lambert Inc. increased by $1.4 million from the beginning of the year. The company's net income earned during the year is $4.2 million. What is the amount of dividends Lambert Inc. declared and paid? Multiple Choice $2.8 million. $1.4 million. $5.6 million. $4.2 million. < prev="" 4="" of="" 10="" next=""> PDF