47. At the beginning of the current year, Wilson Corporation had 200,000 shares of $1 par common stock outstanding and had earnings of $4,800,000. During the year, the company earned $1,675,000 and paid a year-end cash dividend of $3 per share. What was Wilson Corporation's retained earnings at the end of the year?

A. $6,275,000. B. $5,875,000. C. $6,475,000. D. $4,800,000.

Thank you in advance :)