4) At the end of 2001, Scaringe Medical Supply had $275 million of retained earnings on its balance sheet. During 2002, Scaringe paid a per-share dividend of $0.25 and produced earnings per share of $0.75. Scaringe has 20 million shares of stock outstanding. What was the level of retained earnings that Scaringe had on its balance sheet at the end of 2002? a. $255 million b. $265 million c. $275 million d. $285 million e. $295 million o