At the end of the current year,ABC Software Inc. reported $52 million of net income and $400 million of retained earnings. The previous year,ABC had...

At the end of the current year, ABC Software Inc. reported $52 million of net income and $400 million of retained earnings. The previous year, ABC had $380 million of retained earnings. What were the total dividends paid to shareholders during the most recent year?

$13,500,000

$16,750,000

$30,000,000

$32,000,000

$41,250,000