For the past year, Zhao Events had taxable income of $$198,600,$ beginning common stock of $$68,000,$ beginning retained earnings of $$318,750,$ ending common stock of $$71,500,$ ending retained earnings of $$316,940,$ interest expense of $$11,300,$ and a tax rate of $21$ percent. What is the amount of dividends paid during the year?

Multiple Choice

$$157,280$

$$159,935$

$$163,200$

$$153,555$

$$158,704$