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The charter of a corporation provides for the issuance of 92,000 shares of common stock. Assume that 41,000 shares were originally issued and 3,300 were

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The charter of a corporation provides for the issuance of 92,000 shares of common stock. Assume that 41,000 shares were originally issued and 3,300 were subsequently reacquired. What is the amount of cash dividends to be paid if a $1-per- share dividend is declared? Oa. $92,000 Ob. $37,700 Oc. $3,300 Od. $41,000

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