Use the Following Information to Calculate Cash Received from Dividends

question 3

Multiple Choice

Use the following information to calculate cash received from dividends:
$$\begin{array} { l r } \text { Dividends revenue } & \$ 63,500 \\\text { Dividends receivable, January 1 } & 3,600 \\\text { Dividends receivable, December } 31 & 3,100\end{array}$$

• A) $63,500.
• B) $63,000.
• C) $64,000.
• D) $67,100.
• E) $60,400.