The information below has been taken from the draft statement of financial position for a limited company on 31 December. ordinary share capital: $\$900000$ share premium: $\$80000$ general reserve: $\$96000$ retained earnings (opening): $\$230000$ profit for the year: $\$145000$ What is the largest dividend the limited company is able to declare?
- A$\$145000$
- B$\$375000$
- C$\$471000$
- D$\$551000$