Prior to closing the accounting records of Brand Company showed $$30,000$ of assets, $$10,000$ of liabilities, $$19,500$ of retained earnings, $$3,000$ of revenue, $$2,000$ of expenses and $$500$ of dividends. After closing the balance in the retained earnings account will be

Multiple Choice

$$20,500.$

$$19,500.$

$$20,000.$

$$21,000$