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At January 1, 2017, Whispering Winds Corp. reported Retained Earnings of $322000. During 2017, Whispering had a net loss of $69000 and paid dividends to

At January 1, 2017, Whispering Winds Corp. reported Retained Earnings of $322000. During 2017, Whispering had a net loss of $69000 and paid dividends to the stockholders of $46000. At December 31, 2017, the balance in Retained Earnings is

$253000 debit.

$276000 credit.

$322000 debit.

$207000 credit.

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