IDNLearn.com provides a user-friendly platform for finding answers to your questions. Our platform provides accurate, detailed responses to help you navigate any topic with ease.

At the end of 20x1, the following information related to the common stock of Foster Corp. Authorized shares: 200,000 Issued shares: 138,834 Treasury shares: 17,624 On December 31, 20x2, Foster's board of directors declared a total dividend of $70,088 to be distributed to outstanding shares. As the owner of 500 shares, what amount will you receive?