Bailout Corporation Bailout Corporation reported the following information for the year ended December 31, 2012. Revenues $2,500,000 Expenses 2,000,000 Retained earnings at December 31, 2011 100,000 Retained earnings at December 31, 2012 450,000 Refer to the selected information provided for Bailout Corporation. How much was paid out in dividends in 2012?
A) $500,000
B) $150,000
C) $350,000
D) $250,000
B
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