At December 31, 2014 Lowery Company had retained earnings of $2,384,000 after closing entries. During 2014 they issued stock for $98,000, and declared and paid dividends of $34,000. Net income for 2014 was $402,000. The retained earnings balance at the beginning of 2014 was A) $2,752,000. B) $2,016,000. C) $2,114,000. D) $2,654,000.