Pine Company declared a property dividend of 20,000 shares of $1 par Polk Company common stock. The Polk stock was purchased for $5 per share. The fair value of Polk's stock was $10 per share on the declaration date and $11 per share on the distribution date. What's the amount of the dividend? Question 6 options: A) $300,000 B) $220,000 C) $200,000 D) $100,000