AreaYou have been hired as an accounting intern for Buckeye Insulation and Acoustics. You have been asked to prepare the statement of retained earnings based on the following data:

Cash dividends $ $50,000$

Expenses $363,800$

Revenues $635,200$

Retained earnings appropriated, January $1150,000$

Stock dividends $125,300$

Unappropriated retained earnings, January $1460,975$

How much will you report for ending retained earnings?

a$.$ $$557,075$

b$.$ $$407,075$

c$.$ $$832,375$

d$.$ $$707,075$