Bratt Corporation Balance Sheet Dec. 31, 2012 and 2011
Assets:	2012	2011
Cash	90,000	10,000
Accounts Receivable	6.000	8.000
Inventory	9,000	15,000
Property, Plant, and Equipment
Land	180,000	150,000
Building	250,000	250,000
Less: Accumulated Depreciation	(30,000)	(20,000)
Total Assets	505,000	413,000
Liabilities:
Accounts Payable	5,000	3,000
Notes Payable (5years)	5,000	15,000
Stockholders' Equity:
Common Stock	135,000	100,000
Paid in Capital in Excess of Par - CS	140,000	100,000
Retained Earnings	220,000	195,000
Total Liabilities and Equity	505,000	413,000

Bratt Corporation

Income Statement

For year ended Dec. 31, 2012

Sales 900,000

Cost of Goods Sold 540,000

Gross Profit 360,000

Depreciation Expense 10,000

Selling Expenses 130,000

General and Adm. Expenses 180,000

Total Expenses 320,000

Net Income 40,000

How would the Retained Earnings Section be explained on the Statement of Cash Flow? Choose all answers that apply.

Select one or more:

a. Financing Section - Cash paid for dividends - 15,000

b. The Net Income portion of Retained Earnings has been used in the Operating Section - 10,000

c. Financing Section - Increase in Retained Earnings - 25,000

d. It would not be because it doesn't involve cash.

What is the correct option here please?