On January 15, 2014, Julliard Corp. purchased 150,000 shares of Yale Inc. directly from one of the founders for a price of $30 per share. Yale has 600,000 shares outstanding, including the Juliard shares. On July 5, 2014. Yale paid $350,000 i total dividends to its shareholders. On December 31, 2014, Yale reported a net income of $875,000 for the year. Julliard uses the equity method in accounting for its investment in Yale. What was Julliard's share of Yale's dividends paid? 80,000 96,000 87,500 81,500