Marigold Corp. has $564000$ shares of $$10$ par value common stock outstanding. During the year, Marigold declared a $14\%$ stock dividend when the market price of the stock was $$30$ per share. Four months later Marigold declared a $$0\mathrm{.}50$ per share cash dividend. As a result of the dividends declared during the year, retained earnings decreased by

Select answer from the options below

$$434280.$

$$2690280.$

$ $394800.$

$$1184400.$