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Volt CorpReported the Following Information for the Year Ended December 31,2017

Question 167

Multiple Choice

Volt Corp.reported the following information for the year ended December 31,2017:
 Revenues $50,000 Expenses 20,000 Retained earnings at December 31,2016 100,000 Retained earnings at December 31,2017 105,000\begin{array}{lr}\text { Revenues } & \$ 50,000 \\\text { Expenses } & 20,000 \\\text { Retained earnings at December 31,2016 } & 100,000 \\\text { Retained earnings at December 31,2017 } & 105,000\end{array} How much was paid out in dividends by Volt in 2017?


A) $20,000
B) $25,000
C) $30,000
D) $50,000

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