The balance sheet of Harvest Company included the following shareholders' equity accounts at December 31, 2022 During 2023, the following transactions occurred Common stock, 500,000 shares at $1 par Paid-in capital-excess of par Retained earnings Total shareholder' equity $500,000 2,500,000 2,000,000 $5,000,000 1. On May 3, 2023, a 5-for-4 stock split was declared and distributed. The stock split was effected in the form of a 25% stock dividend. The market value of the $1 par common stock was $8 per share. 2. On July 5, 2023, a 4% common stock dividend was declared and distributed. The market value of the common stock was $6 per share. 3. On December 1, 2023, the board of directors declared a cash dividend of $0 4 per share on its common shares, payable on December 28 to shareholders Determine the amount of cash dividend paid to shareholders on December 28, 2023: O $2,580,000 O $2,900,000 CO $2,490,000 O $2,615,000