On January 1, Y1, the stockholders equity section of Pearson Technology included the following balances:

On January 1, Y1, the stockholders' equity section of Pearson Technology included the following balances: Common stock ($20 par value; 100,000 shares authorized; 3,000 shares issued) Additional Paid-In Capital Retained Earnings Total stockholders' equity $ 60,000 140,000 200,000 $400,000 During the year, Pearson entered into the following transactions: . O March 1 issued 8000 shares for $30 per share April 1 - declared a 3:1 stock split for shareholders who owned shares at the close of May 1 July 1 issued 2,200 shares for $16 per share October 1 repurchased 800 shares for $18 per share November 1 - declared a cash dividend of $3 per share for shareholders who own shares at the close on December 1 December 31 reported $191,590 of net income for the year ended December 31. What is the amount of dividends declared during the year ended December 31, Y1? (Round your answer to the nearest dollar). Numeric Response