An analyst has compiled the following information on a company:
| £'000s | |
| Revenues for the year | 12,000 |
| Total expenses for the year | 10,150 |
| Total current assets at year-end | 9,200 |
| Total non-current assets at year-end | 12,750 |
| Investments | 350 |
| Share capital at the beginning of the year | 2,000 |
| Proceeds from shares issued during the year | 500 |
| Retained earnings at the beginning of the year | 8,850 |
| Total liabilities at year-end | 9,400 |
The amount of dividends declared (£ '000s) during the year is closest to:
C is correct.
