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Mobile Power Corp. reported the following information for the year ended December 31, 2017 Revenue $ 40,000 Expenses 23,000 Dividends 10,000 Retained earnings at December

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Mobile Power Corp. reported the following information for the year ended December 31, 2017 Revenue $ 40,000 Expenses 23,000 Dividends 10,000 Retained earnings at December 31, 2017 175,000 What was the retained earnings balance for Mobile Power at December 31, 2016? Da $192,000 b. $168,000 $182,000 d: $165,000

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