Question 6 (1 point) January 1, 2017, Assembly System Corporation's Retained Earnings account had a balance of $675,000. During 2017, cash dividends of $25,000 and stock dividends with a market value of $55,000 were declared and distributed. Assembly System Corporation had a net loss of $5,000 in 2017. What is the balance in Retained Earnings that would appear on Assembly System Corporation's statement of shareholders' equity on December 31, 2017? a) $615,000 Ob) $590,000 O c) $595,000 d) $670,000