Elston Company compiled the following financial information as of December 31: Revenues Common stock Equipment Expenses Cash Dividends Supplies Accounts payable Accounts receivable Retained earnings, 1/1 $420,000 90,000 120,000 375,000 105,000 30,000 15,000 60,000 45,000 120.000 Elston's assets on December 31 are: Select one: O a $705,000 Ob $510,000 Oc$240.000 Od $285,000 Retained earnings at the beginning of a period is equal to O a. retained earnings at the end of that period less net income plus dividends O b. retained earnings at the end of that period plus net income less dividends Oc: net income O d. assets plus liabilities at the beginning of the period O e total assets at the end of the period plus net income less dividends nnining the Drinhocomnnmhad total nooit of an aon of which star in Drtninad camino