E5r Construction Company has the following account balances reported on its financial statements on December 31, 2019. In addition, the company did not issue any common stock during 2019. All accounts on financial statements have been adjusted and reported. Equipment (net) $550 Deferred revenue 115 Salaries expense 60 Depreciation for the year 85 Common stock 60 Supplies 100 Notes payable 180 Service revenue 360 Cash 100 Dividend paid during the year 10 Retained earnings ? Required: Please choose the best answer for the following three questions based on the above information. What is the net income reported in 2019? $160 $290 $205 $215 What is the balance of total assets on December 31, 2019? What is the balance of total assets on December 31, 2019? $665 $750 $805 $865 What is the balance of retained earnings on December 31, 2019? $320 $635 $395 $565