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The Balance sheet at 31/12/2015 of Orange Ltd contained the following information

· Retained Earnings: 1/1/2015: £123 million

· Retained Earnings at 31/12/2015: £197 million

· Revaluation reserve 1/1/2015: £69 million

· Revaluation reserve 31/12/2015: £69 million

Net income in 2015 was £134 million. How much dividend was paid?

a. £63 million

b. £60 million

c. £73 million

d. £134 million

e. £257 million

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