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Diaz Manufacturing's balance of retained earnings for the fiscal year ending December 31, 2016 was $(507) million. The company had net income of $118.5 million

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Diaz Manufacturing's balance of retained earnings for the fiscal year ending December 31, 2016 was $(507) million. The company had net income of $118.5 million for 2017 and paid cash dividends of $18.5 million in 2017. What was Diaz Manufacturing's balance of retained earnings at December 31, 2017? $86,3 million O $150.7 million None of the provided answers is correct. $49.3 million $67.8 million

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