According to question 15 in the photo, why is the answer D? What are the calculations to come up with this answer?

IV. home builder a. I only b 1anN b. I only c. 1 and 1 only l and Ill only I, 11I, and IV only e. Fields and Flowers had beginning retained earnings of $63,100. During the year, the company reported sales of $127,800, costs of $89,900, depreciation of $11,200, dividends of $2.800, and interest paid of $3,400. The tax rate is 35%, what is the retained earnings balance at the end of the year? 14. a. $68,455 63,1005,4S-28Oo 544 $75.445 c. $76,425 d. $78,245 e. $83,600 e- I 27sa -89( 900 ^ 11200-76700-340os 23,90- Jonstone Nurseries, Inc., incurred depreciation expenses of $3 1,300 last year. The sales were $212,000 and the addition to retained earnings was $18,405. The firm paid interest of $5,100 and dividends of $7,500. The tax rate is 34%. What is the amount of the costs incurred by the firm for last year? 15. a. $115,250 b. $129,050 c. $132,050 D $136,350 e. $151,650