How to calculate dividends declared?
Current Year Prior Year
Common Stock $ 964 941
Paid-in Capital 3406 3121
Retained Earnings 7449 6360
Reported net income for current year: $1237
Question: How much did Kroger declare in dividends for the year?
The answer is not 148. Everywhere online says to do (net income+retained earnings prior year-retained earnings current year) but that process gets denied on my online homework. Is there a way to do this question where you have to use the common stock and paid-in capital figures?