Superior Has Provided the Following Information for Its Recent Year

Superior has provided the following information for its recent year of operation: The common stock account balance at the beginning of the year was $20,000 and the year-end balance was $25,000.
The additional paid-in capital account balance increased $2,500 during the year.
The retained earnings balance at the beginning of the year was $75,000 and the year-end balance was $91,000.
Net income was $26,000.
How much were Superior's dividend declarations during its recent year of operation?

A) $10,000.
B) $42,000.
C) $26,000.
D) The dividend declarations cannot be determined from the information provideD.Ending retained earnings ($91,000) = Beginning retained earnings ($75,000) + Net income ($26,000) - Dividends declared ($10,000) .