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Quartz Instruments had retained earnings of $ 3 5 0 , 0 0 0 at December 3 1 , 2 0 2 0 . Net

Quartz Instruments had retained earnings of $350,000 at December 31,2020. Net income for 2021 totaled $210,000, and dividends declared for 2021 were $50,000. How much retained earnings should Quartz report at December 31,2021?
A. $560,000
B. $400,000
C. $510,000
D. $350,000
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