Which one of the following situations is most apt to result in a liquidating dividend payment?

	a.	F&D Florists is preparing to pay its first annual dividend of $.20 a share.
	b.	Gibson Toys was fortunate this year in that it developed a new toy that broke all previous toy sale records. The profits from this toy were phenomenal but the company realizes that the odds of this type of luck reoccurring are slight, at best.
	c.	Northern Electric is planning to increase its quarterly dividend by two percent.
	d.	Gulf Port Marina recently sold its facility and is closing down the company.
	e.	San Francisco Tours currently has excess cash that it wishes to distribute to its shareholders. This occurs every so often and when it does, the firm prefers to pass the extra cash along to its shareholders.