Practice HW Ending Week 11 Context: a large Brazilian company, is reporting some financial data as part of their company statistic safekeeping. Your job is to analyze the following statements and report of the best solution based on the answer choices below. Only select one answer choice and report back to your team. Hot Company has just completed its first year of operations in Year 1. The company distributed dividends of $25,000. If the ending balance of Retained Eamings of 12/31, Year 1, is $35,000 and the company had revenues of $200,000 from Year 1 sales, Hot's Year 1 expenses totaled A. $130,000. B. $140,000. C. $150,000. D. $160,000. E. $165,000