On September 1, 2013, Orson Corporation Has Unrestricted Retained Earnings

On September 1, 2013, Orson Corporation has unrestricted Retained Earnings of $7,000,000, Appropriated Retained Earnings of $4,000,000, Cash of $8,500,000, and Accounts Payable of $500,000. What is the maximum amount that can be used for cash dividends?

A) $8,500,000
B) $7,000,000
C) $8,000,000
D) $3,000,000