6 R5r Construction Company has the following account balances reported on its financial statements on December 31, 20X1. In addition, the company did not issue any common stock during 20X1. All accounts on financial statements have been adjusted and reported. $550 180 125 8 01:26:14 Common stock Equipment (net) Loan Deferred revenue Utility expense Depreciation for the year Supplies Sales revenue Dividend paid during the year Cash Retained earnings " 100 405 Required: Please choose the best answer for the following three questions based on the above information. What is the net income reported in 20X1? O $270 O $325 O $250 O $205 What is the balance of total assets on December 31, 20X1? O $655 O $795 O $730 O $855 What is the balance of retained earnings on December 31, 20X1? O $635 O $365 O $310 O $555