Fred's Model Aircraft Repair Shop started the year with Total Assets of $120,000; Total Liabilities of $80,000; and (beginning) Retained Earnings of $36,000. During the year, the business recorded $200,000 in Repair Revenues; $122,000 in Expenses; and the company paid Dividends of $30,000. Fred's balance of retained earnings at the end of the year (i.e. ending Retained Earnings) is: $140,000 $100,000 $84,000 $66,000 None of these numbers is correct