Nova, Inc. is considering declaring a $100,000 cash dividend. Nova has a cash balance of $20,000 and Retained Earnings balance of $100,000. Nova should:

A) declare a cash dividend because it has enough Retained Earnings and cash.

B) not declare a cash dividend because it does not have enough cash.

C) not declare a cash dividend because it does not have enough Retained Earnings.

D) declare a cash dividend because it has enough Retained Earnings.