On 12/31/2013, Heaton Industries Inc. reported retained earnings of $540,000 on its balance sheet, and it reported that it had $153,881 of net income during the year. On its previous balance sheet, at 12/31/2012, the company had reported $444,000 of retained earnings. No shares were repurchased during 2013. How much in dividends did Heaton pay during 2013?

$32,500

$47,381

$57,881

$42,000

$49,875