The Retained Earnings Balance Was $22,900 on January 1

Multiple Choice

The retained earnings balance was $22,900 on January 1.Net income for the year was $18,100.If retained earnings had a credit balance of $23,800 after closing entries were made for the year,and if additional stock of $5,200 was issued during the year,what was the amount of dividends declared during the year?

A) $17,200
B) $23,700
C) $23,300
D) $13,000