Pheasant Tail Company's total equity increased by $32,000 during 2011. New stockholder investment during the year totaled $65,000. Total revenues during the year were $500,000 and total expenses were $460,000. Cash on hand decreased by $7,500 during the year. What amount of dividends did Pheasant Tail declare during 2011?

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The Answer of Pheasant Tail Company's total equity increased by $32,000 during 2011. New stockholder investment during the year totaled $65,000. Total revenues during the year were $500,000 and total expenses were $460,000. Cash on hand decreased by $7,500 during the year. What amount of dividends did Pheasant Tail declare during 2011?

Pheasant Tail Company's Total Equity Increased by $32,000 During 2011