Old Balance Common Stock Has a Par Value Totaling $12,000,000,additional

Old Balance common stock has a par value totaling $12,000,000,additional paid-in-capital totaling $30,000,000 as well as retained earnings of $40,000,000.If Old Balance is located in a state where the most stringent capital-impairment restrictions exist,what is the maximum dividend that Old Balance could pay to its shareholders?

A) $82,000,000
B) $70,000,000
C) $40,000,000
D) $30,000,000