Instructions: Given a math problem with context and a question and 5 answer choices, the task is to provide the correct answer choice based on the problem. You must choose one of the given answer choices by letter: a, b, c, d, or e; anything else is invalid.
Input: Problem: a certain company expects quarterly earnings of $ 0.80 per share of stock, half of which will be distributed as dividends to shareholders while the rest will be used for research and development. if earnings are greater than expected, shareholders will receive an additional $ 0.04 per share for each additional $ 0.10 of per share earnings. if quarterly earnings are $ 1.10 per share, what will be the dividend paid to a person who owns 100 shares of the company ' s stock ?
Options: a. $ 92, b. $ 96, c. $ 52, d. $ 120, e. $ 240
Output:
c