At the beginning of the year, a company's balance sheet reported the following balances: Total Assets $200,000; Total Liabilities= $25,880; Common Stock of $60,370; and Retained Earnings $113,750. During the year, the company reported revenues of $52,750 and expenses of $34,500. In addition, dividends for the year totaled $23,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be: Multiple Choice $75,750. $109.000 $4,750