Your friend Cindy bought 100 shares of ABC Inc. stock on January 20th at $12.05...

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Accounting

Your friend Cindy bought 100 shares of ABC Inc. stock on January 20th at $12.05 per share. ABC Inc. declared a $0.60 per share dividend on February 24thwith a record date of Friday, March 24th, and a payment date of April15th. Cindy sold her 100 shares on Wednesday March 22d at a price of $13.80 per share. According to the current TSX rules, ex-dividend date is one business day prior to the record date, how much would Cindy make on this investment?$235$115$175$117$147

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