Question 1 (of 10) Lena Company has provided the following data (ignore income taxes) 2016 revenues were $87,000. 2016 expenses were $49,600. Dividends declared and paid during 2016 totaled $8,700 Total assets at December 31, 2016 were $195,000. Total liabilities at December 31, 2016 were $125,000. Common stock at December 31, 2016 was $37,000. Which of the following is correct? O Retained earnings at December 31, 2016 were $28,700. O Retained earnings at December 31, 2016 were $33.000. O 2016 net income was $28,700 O Total stockholders' equity at December 31, 2016 was $254000