1) Based on the information given below in Table 1, calculate the dividends paid in 2x02

Business Nov 10, 2021

1) Based on the information given below in Table 1, calculate the dividends paid in 2x02. Table 1: Financial Information of Company James March 2x01 March 2x02 Net income $1,500 $3,000 Accounts receivable 750 750 Accumulated depreciation 1,125 1,500 Common stock 4,500 5,250 Capital surplus 7,500 8,250 Retained earnings 1,500 2,250 Accounts payable 750 750