In the First Three Years of Operations,Lindsey Corporation Earned Net

Multiple Choice

In the first three years of operations,Lindsey Corporation earned net income/loss of -$150,000,$100,000,and $250,000.At the end of the third year,Lindsey Corporation has a balance of $120,000 in its Retained Earnings account.What is the total amount of dividends Lindsey Corporation paid over the three years?

A) $130,000.
B) $120,000.
C) $80,000.