Venco Corporation's December 31, 2014 Statement of Financial Position Showed

Multiple Choice

Venco Corporation's December 31, 2014 statement of financial position showed the following: Share capital-preference 8%, €20 par value, cumulative,
10,000 shares authorized; 7,500 shares issued € 150,000
Share capital-ordinary, €10 par value, 1,000,000 shares authorized;
975,000 shares issued, 960,000 shares outstanding 9,750,000
Share premium-preference 30,000
Share premium-ordinary 13,500,000
Retained earnings 3,750,000
Treasury shares (15,000 shares) 315,000
Venco declared and paid a €45,000 cash dividend on December 15, 2014. If the company's dividends in arrears prior to that date were €9,000, Venco's ordinary shareholders received

A) €36,000.
B) €21,000.
C) €24,000.
D) no dividend.