Based on that information, what amount of Retained Earnings would have been shown on Alice Springs, Inc.'s balance sheet at the end of 2016?

• A.$990
• B.$670
• C.$440
• D.$1,190
• E.$730

.f 5 IllinoisStateUniwersily:F x 'y' FIL 24o;5pring1995 Exa x "'5 'I'Ilerrlnslrecenycompl. x \\H Homework Harp-(1mm x Ks huwmnd quickratiu-I x \\x 8 X (- C I 9 Secure I htlpswreggienetjllinorSstale'edulaccessiconien1/attachmenliUbchBSd-ca7c-4c49-920793ba16290c6de5!s%207%ZDQulzze5}/8361ENG-2363466d-94ed-fb58f722aeSd/ZdU'GZDH. ' FIL 2401'Spring 1995 Exam I: Form A FOR USE WITH QUESTIONS 1 6 [I1 answering qumdons l dimugil l5, please refer In line fullnw'ing nancial infnmlatinn for Alice Spring: of Amalia Induslries. Inc. [thousands ofdallals) for the year 2017: Balance Shad as ufDmc-nber 3], 21]]? Cash 260 Markclablu Smll'ili 610 Acouunts Receivable 510 Inventory 570 Nd FIKDd Assets 52 030 Tmal Asa: $3,980 Acomum Payable 3 430 Shun-mun Nate: Payable 3 580 Long-berm Debt 5 630 Cnmmnn Stock 5 | ,300 inaimzd Earnings i 990 Total Liabil'm'ts & Stockhnidm' Equity 33,930 Selected Figures from Income Stalcmanl for Year Ended Dccanbra'll, 20| 7: Sales 55,000 Earning: Bcfcm: lnlcrcsi and Taxes 5 | ,480 [mam S 350 Net imam: S 870 Dividends Paid s 320 0 Type hereto search