Aspen Corporation reported net income of $$70,000$ for its fiscal year and declared and paid cash dividends of $$30,000$ during the year. If the ending balance of the Retained Earnings was $$150,000,$ the beginning balance was:

$$80,000.$

$$110,000.$

$$150,000.$

$$190,000.$

Gender Corporation declared and issued a $6\%$ stock dividend on December $1.$ Prior to the declaration,