Hoytsville Company had the following account balances for $20$X$1.$

Account Amount

Net Income $$25,000$

Retained Earnings $($beginning of year$)40,000$

Dividends $10,000$

Unrealized Gain on Available$-$for$-$Sale Securities $18,000$

Foreign Currency Translation Adjustment $($increase$)4,000$

Prior$-$period adjustment$$correction of previously OVERstated employee training expense $20,000$

The beginning retained earnings amount does NOT reflect any necessary adjustments.

What is the correct ENDING retained earnings balance for $20$X$1?$

$$35,000$

$$97,000$

$$75,000$

$$93,000$