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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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