Miley Corporation had the following balance sheet data:

Cash	$80		Accounts Payable	$30
Accounts Receivable	$10		Salary Payable	$25
Equipment	$90		Common Stock	$18
Land	$100		Retained Earnings	?

After preparation of the above Balance Sheet, $5 of Accounts Payable was paid in Cash. After the payment, what will Miley report as Retained Earnings?

Question 24 options:

	$225
	$50
	$275
	$207