Ashley Madison Company reported the following balance sheet amounts at December 31, 2021:

Current assets $70,000

Current Liabilities 40,000

Long-term liabilities 90,000

Operational Assets 200,000

Common stock, par $10 (10,000 shares issues at par) 100,000

The total amount of retained earnings on December 31, 2021, was:

a) $30,000

b) $20,000

c) $40,000

d) $50,000