Adventure Corporation reported the following amounts at the end of the first year of operations, December 31, 2014: contributed capital $400,000; sales revenue $600,000; total assets $1,200,000; $30,000 dividends; and total liabilities $550,000. Retained earnings and total expenses would be :

a.	retained earnings $40,000 and expenses $340,000.

b.	retained earnings $160,000 and expenses $420,000.

c.	retained earnings $190,000 and expenses $280,000.

d.	retained earnings $250,000 and expenses $320,000.