calculate retained earnings and expenses

Atlantic Corporation reported the following amounts at the end of the first year of operations: re=00+800,00040,000 What are the retained earnings of Atlantic at the end of the year, and what amount of expenses were incurred during the year? Retained earnings are $80,000 and expenses incurred totaled $680,000. Retained earnings are $80,000 and expenses incurred totaled $720.000. Retained earnings are $280,000 and expenses incurred totaled $480.000. Retained earnings are $280,000 and expenses incurred totaled $520,000