P8c Construction Company has the following account balances reported on its financial statements on December 31, 2019. In addition the company did not issue any common stock during 2019. All accounts on financial statements have been adjusted and reported. Equipment (net) $550 Deferred revenue 125 Salaries expense 60 Depreciation for the year 90 Common stock Supplies 100 Notes payable 180 Service revenue 420 Cash 95 Dividend paid during the year 15 Retnined earnings 2 60 Required: Please choose the best onswer for the following three questions based on the above information What is the net income reported in 2019? $255 5270 $345 $205 What is the balance of total assets on December 31, 2019? O $810 O $655 O $745 O $870 What is the balance of retained earnings on December 31, 2019? $570 $305 O $645 $380