At a firm's quarterly dividend meeting held on December 5, the directors declared a $1.50 per share cash dividend to be paid to the holders of record on Monday, January 1. Before the dividend was declared, the firm's accumulated retained earnings balance and cash balance were $1,280,000 and $30,000 respectively. The firm has 10,000 shares of common stock outstanding. On January 2, the cash, dividends payable, and retained earnings accounts had balances of

(A)$15,000, $0, and $1,265,000, respectively (B)$30,000, $15,000, and $1,280,000, respectively (C)$30,000, $0, and $1,265,000, respectively (D)$15,000, $0, and $1,280,000, respectively