elty Companys year-end financial statements reported the following (in millions):

Total assets	$41,278
Total liabilities	29,465
Total shareholders equity	11,813
Dividends	205
Net income (loss)	3,160
Retained earnings, Jan 1	11,425

What did Kelty Company report for retained earnings at December 31?

Select one:

a. $14,380 million

b. $14,790 million

c. $14,768 million

d. There is not enough information to determine the answer.

e. $14,585 million