Beauty Cosmetics Incorporated had $$120$ million in retained earnings at

the beginning of the year. During the year, the firm paid $$0\mathrm{.}35$ per share

dividend and generated $$2\mathrm{.}00$ earnings per share. The firm has $15$ million

shares outstanding. At the end of year, what was the level of retained

earnings for GW$?$

Multiple Choice

$$127\mathrm{.}5$ million

$$150$ million

$$120$ million

$$144\mathrm{.}75$ million