Never Stop Inc. had a credit balance in Retained Earnings on December $31,2020,$ of $$70,000.$ During $2021,$ Never Stop recorded profit of $$199,000$ and declared and paid dividends of $$66,000.$ During $2022,$ the company recorded a loss of $$33,000.$ No dividends were declared or paid in $2022.$

What is the balance in Retained Earnings at December $31,2022?$

Group of answer choices

A debit of $$150,000.$

A credit of $$170,000.$

A debit of $$166,000.$

A credit of $$165,000.$