21. On December 31, 2021, Blake mining company declared a cash dividend of 800,000 to shareholders of record on January 15, 20222 and payable on February 15, 2022. The entity reported the following information on December 31, 2021: Accumulated depletion 200,000 Share Capital 1,000,000 Share Premium 300,000 Retained Earnings 600,000 What amount should be recognized as liquidating dividend? a. 600,000 b. 300,000 c. 200,000 d. 50,000