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Canterbury Company reported total shareholders' equity of $ 1 7 6 , 0 0 0 on its statement of financial position dated December 3 1

Canterbury Company reported total shareholders' equity of $176,000 on its statement of financial position dated December 31,2021. During the year ended December 31,2022, Canterbury reported net earnings of $21,500 and issued additional common shares for $41,500. If total shareholders' equity as of December 31,2022 is $232,000, what was the amount of dividends declared during the year ended December 31,2022?
Multiple Choice
$17,250.
$34,500.
$3,500.
$7,000.

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