Eunice Company provided the following information: $$ Dividends on $1,000$ cumulative preference shares, $6\%,$ P$10$ par value, have not been declared or paid for $3$ years. $$ Treasury shares that cost P$15,000$ were reissued for P$8,000.$ What amount of retained earnings should be appropriated as a result of these items? A$.8,800$ B$.1,800$ C$.7,000$ D$.0$