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Hunter Corporation is in its first year of operations; therefore, its beginning retained earnings balance is zero. Using the information from the partial list of

Hunter Corporation is in its first year of operations; therefore, its beginning retained earnings balance is zero. Using the information from the partial list of accounts found below, determine the ending retained earnings balance for Hunter Corporation.

Current period account balances:

Accounts Receivable

$600,000

Inventory

60,000

Property, Plant, & Equipment, net

255,000

Accounts Payable

50,000

Dividends Payable

182,000

Revenues

11,000,000

Expenses

9,057,000

Group of answer choices

$11,000,000

$1,761,000

$1,943,000

$10,818,000

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