On 12/13/15, Higher Industries reported retained earning of. $510,000 on its balance sheet, and its reported that it had $135,000 of net incomes during the year. On its previous balance sheet, at 12/31.14, the company had reported $445,000 of retained earnings. No shares wee repurchased during 2015. How much in dividends did the firm pay during 2015?

A. $60,900

B. $70,000

c.$53,300

D.$77,700

E. $53,200