Superior has provided the following information for its recent year of operation:

The common stock account balance at the beginning of the year was $11,000 and the year-end balance was $15,500.

The additional paid-in capital account balance increased $4,500 during the year.

The retained earnings balance at the beginning of the year was $110,000 and the year-end balance was $99,000.

Net income was $46,000.

How much were Superior's dividend declarations during its recent year of operation?

Multiple Choice

A)$46,000.

B)$35,000.

C)$57,000.

D)The dividend declarations cannot be determined given the above information.