Answer:
the impact is $200,000 decrease
Explanation:
The computation of the impact is as follows
= (Total shares - treasury stock) Ă— market price of the stock Ă— dividend percentage
= (110,000 shares - 10,000 shares) Ă— $10 Ă— 20%
= $200,000 decrease
hence, the impact is $200,000 decrease