Gardiner, Inc. reported a retained earnings balance of $190,000 at December 31, 2024. In June 2025, Gardiner discovered that merchandise costing $25,000 had not been included as ending inventory in its 2024 financial statements. Also, a $35,000 prepaid expense was omitted on 12/31/24. Gardiner has a 20% tax rate. Assuming the correcting journal entry net of tax was recorded, what amount should Gardiner report as adjusted beginning retained earnings in its 2025 statement of retained earnings? a Select one: O a $240,000 Ob $180,000 OC. $198,000 Od $238,000 O e. $200,000