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Quartz Instruments had Retained Earnings of $138,000 ot December 31, 2018. Net income for 2019 was $88.000, and dividends for 2019 were $28.000 What amount

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Quartz Instruments had Retained Earnings of $138,000 ot December 31, 2018. Net income for 2019 was $88.000, and dividends for 2019 were $28.000 What amount of Retained Earnings should be reported at December 31, 2019? 0 Multiple Choice O $40,000 $225,000 $198,000 $138,000

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