A company's board of directors votes to declare a cash dividend of $1.65 per share of common stock. The company has 33,000 shares authorized, 28,000 issued, and 27,500 shares outstanding. The total amount of the cash dividend is: Multiple Choice
a.$54,450.
b.$91,575.
c.$53,450.
d.$46,200.
e.$45,375.
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