At October 1, Arcade Fire Enterprises reported stockholders' equity of $70,000. During October, common stock of $4,000 was issued and the company earned net income of

$14,000. If stockholders' equity at October 31 totals $80,000, what amount of dividends were paid during the month?

a. $0

b. $4,000

c. $8,000

d. $10,000