Use the Following Information to Calculate Cash Received from Dividends

Multiple Choice

Use the following information to calculate cash received from dividends:
$$\begin{array} { |l | r| } \hline \text { Dividends revenuse } & \$ 29,800 \\\hline \text { Dividends receivable, January 1 } & 2,600 \\\hline \text { Dividends receivable, Decermber } 31 & 3,400 \\\hline\end{array}$$

A) $26,400
B) $29,000
C) $29,800
D) $30,600
E) $32,400