The balance sheet of Zinc Industries, a producer of zinc, showed retained earnings of $37,000 on its January 31, 2020 balance sheet. On its January 31, 2021 balance sheet, retained earnings was $40,000. Zinc Industries reported net income for the year ended January 31, 2021, of $25,000. How much dividend did Zinc Industries declare and pay during the year ended January 31, 2021? Select one: a. $32,000 b. $28,000 C. $15,000 d. $22,000 e. $25,000