Manama Travel Company has $240,000,000 in stockholders' equity. Eighty million dollars is listed as common stock and the balance is in retained earnings. The firm has $500,000,000 in total assets and 2 percent of this value is in cash. Earnings for the year are $40,000,000 and are included in retained earnings. a). What is the legal limit on current dividends? b). What is the practical limit based on liquidity? a. b. C. d. Legal limit $360,000,000; Practical limit $30,000,000 Legal limit $ 260,000,000; Practical limit $20,000,000 Legal limit $ 290,000,000; Practical limit $19,000,000 Legal limit $160,000,000; Practical limit $10,000,000