Denmark Inc. is preparing a statement of stockholders' equity for 2019 On January 1, 2019. Denmark started the year with a 500,000 credit balance in its retained camins account. During 2019, the company came net income of 570,000 and declared dividends of $10,000. Also, the company received cash of $15,000 at an additional investment by its owners. What is the balance in retained camings on December 31, 2019 $100,000 $170,000 $175,000 $160,000