Amazing Company provided you with the following ending balances on December 31, 2020: Sales $670,000 Cash $50,000 Short-term investments $120,000 Tax expense 55,000 23,000 87,000 Tax payable Accounts payable Salary expense Cost of goods sold 78,000 310,000 Common shares 230,000 81,000 Depreciation expense Accumulated depreciation 145,000 Dividends payable 26,000 The closing entry in 2020 will include a credit to Retained Earnings by Select one: a. $805,000 O b. $120,000 c. $262,000 O d. $146,000