On September 1,2016,Orville Corporation Has Unrestricted Retained Earnings of $600,000,Appropriated

Multiple Choice

On September 1,2016,Orville Corporation has unrestricted Retained Earnings of $600,000,Appropriated Retained Earnings of $400,000,Cash of $850,000,and Accounts Payable of $50,000.What is the maximum amount that can be used for cash dividends?

A) $850,000
B) $600,000
C) $800,000
D) $450,000