Bagwell's net income for the year ended December 31, Year 2 was $191,000. Information from Bagwell's comparative balance sheets is given below. Compute the cash paid for dividends during Year 2.

At December 31	Year 2	Year 1
Common Stock, $5 par value	$	506,000	$	455,400
Paid-in capital in excess of par		954,000		858,400
Retained earnings		694,000		587,400

a)$106,600

b)$50,600

c)$95,600

d)$146,200

e)$84,400