Tangshan Mining has common stock at par of $200,000, paid in capital in excess of par of $400,000, and retained earnings of $280,000. In states where the firms legal capital is defined as the par value of common stock, the firm could pay out ________ in cash dividends without impairing its capital. a. $200,000 b. $880,000 c. $600,000 d. $680,000