The charter of a corporation provides for the issuance of 116,524 shares of common stock. Assume tha

The charter of a corporation provides for the issuance of 116,524 shares of common stock. Assume that 35,109 shares were originally issued and 4,156 were subsequently reacquired. What is the amount of cash dividends to be paid if a $4 per share dividend is declared?

Select the correct answer. $123,812 $466,096 $140,436 $16,624