
Answer:
$42 Million
Explanation:
The computation of the total cash dividend is shown below:-
Year Net Income Profitable capital Expenditure Dividends
1     $14 Million    $8 Million                  $6 Million
2     $18 Million   $11 Million                   $7 Million
3     $9 Million    $6 Million                   $3 Million
4     $20 Million  $8 Million                   $12 Million
5     $23 Million   $9 Million                   $14 Million
Total cash dividends                          $42 Million