A company began the year with the following: Assets $105,000; Liabilities $35.000, Common Stock $65.000, Retained Earnings $5,000. During the year, the company earned revenue of $5,500 and incurred expenses of $3.250. In addition, the company pold dividends of $1,500 to owners. Assume no other activities occurred during the year, Retained earnings for this company at the end of the year is. Multiple Choice $5,750 $2,250 $1500 $10.500