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Quartz Instruments had retained earnings of $145,000 at December 31, 2021. Net income for 2022 totalled $90,000, and dividends for 2022 were $30,000. How much

Quartz Instruments had retained earnings of $145,000 at December 31, 2021. Net income for 2022 totalled $90,000, and dividends for 2022 were $30,000. How much retained earnings should Quartz report at December 31, 2022? a $205,000 b $140,000 c $235,000

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