A company started the year with the following: Assets $102,000: Liabilities $32,000, Common Stock $62.000, Retained Earnings $8.000. During the year, the company earned revenue of $5,200, all of which was received in cash, and incurred expenses of $3,100, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $1,200 to owners. Assume no other activities occurred during the year. The amount of retained earnings at the end of the year is: Multiple Choice $1200. 50200 0. O 900