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please help asap!!!!!! The balance in Retained earnings on December 31, 2019, was $85,000 (credit). The following activity took place during 2020. The balance is

please help asap!!!!!!
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The balance in Retained earnings on December 31, 2019, was $85,000 (credit). The following activity took place during 2020. The balance is Retained earnings on December 31,2020 , was $140,000 (credit). What was net income for the year ended December 31,2020 ? Select one: a. $60,000 b. $48,000 c. $63,000 d. $57,000 e. $75,000

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