Use the following excerpts from Victrolia Company’s financial information. 2018 Income Statment Balance Sheets Sales $475,000 Cost of Goods Sold (221,500) Operating Expenses, other thanDepreciation Expense (60,600) Depreciation Expense (21,000) Gain on Sale of Plant Assets 23,500 Net Income $195,400 Dec. 31,2018 Cash $347,450 Accounts Receivable 39,750 Inventory 33,000 Accounts Payable 17,550 Accured Liabilities 3,500 Dec. 31, 2017 Cash $133,500 Accounts Receivable 36,500 Inventory 35,000 Accounts Payable 19,550 Accured Liabilities 2,200 Additional Information: Plant assets were sold for $45,000; book value $16,500 Dividends of $22,000 were declared and paid Cash Flow from Financing Activities: $Dividends Paid I just need the answer on dividends answer box?

Use the following excerpts from Victrolia Company’s financial information. 2018 Income Statment Balance Sheets Sales $475,000 Cost of Goods Sold (221,500) Operating Expenses, other than Depreciation...

Use the following excerpts from Victrolia Company’s financial information.

	2018 Income Statment	Balance Sheets
Sales	$475,000
Cost of Goods Sold	(221,500)
Operating Expenses, other than Depreciation Expense	(60,600)
Depreciation Expense	(21,000)
Gain on Sale of Plant Assets	23,500
Net Income	$195,400
		Dec. 31,2018
Cash		$347,450
Accounts Receivable		39,750
Inventory		33,000
Accounts Payable		17,550
Accured Liabilities		3,500
		Dec. 31, 2017
Cash		$133,500
Accounts Receivable		36,500
Inventory		35,000
Accounts Payable		19,550
Accured Liabilities		2,200

Additional Information:
Plant assets were sold for $45,000; book value $16,500
Dividends of $22,000 were declared and paid

Cash Flow from Financing Activities:
	$Dividends Paid

I just need the answer on dividends answer box?

Jun 11, 2022