Bagwell's Net Income for the Year Ended December 31,Year 2

Bagwell's net income for the year ended December 31,Year 2 was $175,000.Information from Bagwell's comparative balance sheets is given below.Compute the cash paid for dividends during Year 2.
$$\begin{array} { | l | r | r | } \hline \text { At December 31 } & \text { Year 2 } & \text { Year 1 } \\\hline \text { Common Stock, \$5 par value } & \$ 500,000& \$ 450,000\\\hline \text { Paid-in capital in excess of par } & 948,000 & 853,000 \\\hline \text { Retained earnings } & 688,000 & 582,000 \\\hline\end{array}$$

A) $79,000.
B) $201,000.
C) $95,000.
D) $50,000.
E) $69,000.