At 31 December 2018, the Balance on Caere Limited's Retained

At 31 December 2018, the balance on Caere Limited's retained earnings stood at £51,700. During the year ended 31 December 2019, the company made a profit for the year of £57,400. The balance on Caere Limited's retained earnings at 31 December 2019 was £58,900. How much was the cash dividend paid by the company during the financial year ended 31 December 2019?

A) £7,200
B) £50,200
C) £53,200
D) £64,600