Oriole Company has 564000 shares of $10 par value common stock outstanding. During the year, Oriole deciared a 14\%s stock dividend when the market price of the stock was $30 per share. Four months later Oriole declared a 50.50 per share cash dividend. As a result of the dividends declared during the year, retained earnings decreased by $1184400$2690280$394800$434280