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How much were Superior dividend declarations

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Question - Superior has provided the following information for its recent year of operation:

The common stock account balance at the beginning of the year was $16,000 and the year-end balance was $18,000.

The additional paid-in capital account balance increased $4,100 during the year.

The retained earnings balance at the beginning of the year was $90,000 and the year-end balance was $95,000.

Net income was $42,000.

Required - How much were Superior's dividend declarations during its recent year of operation?

Reference no: EM133056987

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