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Quartz Instruments had retained earnings of $ 145 comma 000$145,000 at December 31, 20162016. Net income for 20172017 totalled $ 90 comma 000$90,000, and dividends
Quartz
Instruments had retained earnings of
$ 145 comma 000$145,000
at December 31,
20162016.
Net income for
20172017
totalled
$ 90 comma 000$90,000,
and dividends for
20172017
were
$ 30 comma 000$30,000.
How much retained earnings should
QuartzQuartz
report at December 31,
20172017?
Question content area bottom
Part 1
A.$ 235 comma 000
$ 235 comma 000$235,000
B.$ 175 comma 000
$ 175 comma 000$175,000
C.$ 205 comma 000
$ 205 comma 000$205,000
D.$ 140 comma 000
$ 140 comma 000$140,000
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