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At January 1,2015 , Jay Corporation had a credit balance of $5,450,000 in its retained earnings account. During the year, Jay paid $250,000 in dividends,

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At January 1,2015 , Jay Corporation had a credit balance of $5,450,000 in its retained earnings account. During the year, Jay paid $250,000 in dividends, reported profit of $560,000 and other comprehensive income of $750,000. The December 31 balance of retained earnings is Select one: a. $5,950,000. b. $6,450,000. c. $6,200,000. d. $5,760,000

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