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my answer is B, just want to make sure I counted it right Fact Pattern: The trial balance of Mint Corp. at December 31, Year

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my answer is B, just want to make sure I counted it right
Fact Pattern: The trial balance of Mint Corp. at December 31, Year 6, is presented below and has been adjusted except for income tax expense. Other financial data for the year ended December 31, Year 6, are as follows: . During Year 6, estimated tax payments of $450,000 were charged to prepaid taxes. Mint has not recorded income tax expense. There were no temporary or permanent differences, and Mint's tax rate is 30%. Dr. Cr $ 600,000 3,500,000 1,600,000 $ 700,000 450,000 1,480,000 Cash Accounts receivable, net Contract asset Contract liability Prepaid taxes Fixed assets, net Note payable - noncurrent Common stock Additional paid-in capital Retained earnings -- unappropriated Retained earnings - restricted for note payable Earnings from long-term contracts Costs and expenses 1,620,000 750,000 2,000,000 900,000 160,000 6,680,000 5,180,000 $12,810,000 $12,810,000 In Mint's December 31, Year 6, balance sheet, what amount should be reported as total retained earnings? A. B. C. D. $1,950,000 $2,400,000 $2,110,000 $2,560,000 Directions: Select the best

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