During the most recent quarter, a steel company in South Korea had the following transactions:  The company bought iron ore from Australia for AUD50 million.  It sold finished steel to the United...

During the most recent quarter, a steel company in South Korea had the following transactions:

 The company bought iron ore from Australia for AUD50 million.

 It sold finished steel to the United States for USD65 million.

 It borrowed AUD50 million from a bank in Sydney.

 It received a USD10 million dividend from a U.S. subsidiary.

 It paid KRW550 million to a South Korean shipping company

Which of the following would be reflected in South Korea’s current account balance for the quarter?

A. The loan

B. The shipping

C. The dividend