XYZ company had sustained losses in the years 2015 to 2018 amounting to OMR 45,000. In the year ended 2019 , the company's profit after tax but before adjusting for the previous years losses were OMR 20,000. How much ordinary dividend the company can pay?

a.

All the options given are true

b.

It can pay dividend upto OMR 20,000

c.

It cannot pay dividend as the previous years losses should be adjusted from the current year profit

d.

The board of directors only will decide upon the payment of dividend in this case