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Lena Company has provided the following data for its 2019 operations (ignore income taxes): 2019 revenues were $75,000. 2019 expenses were $48,400. Dividends declared and

Lena Company has provided the following data for its 2019 operations (ignore income taxes):

2019 revenues were $75,000.

2019 expenses were $48,400.

Dividends declared and paid during 2019 totaled $7,500.

Total assets at December 31, 2019 were $183,000.

Total liabilities at December 31, 2019 were $101,000.

Common stock at December 31, 2019 was $25,000.

Which of the following is correct?

Multiple Choice

A)2019 net income was $19,100.

B)Total stockholders' equity at December 31, 2019 was $242,000.

C)Retained earnings at December 31, 2019 were $57,000.

D)Retained earnings at December 31, 2019 were $19,100.

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