At June 30, 2021, Tik Tok Rules reported the following relative to shares of its common stock: 10,000,000 authorized shares 7,500,000 issued shares 1,500,000 treasury shares On that date, the board of directors met and declared a dividend to its common shareholders of $2.25 per share. What was the total amount of the dividend declared? a. $19,125,000 b. $16,875,000 C. $36,000,000 d. $13,500,000