Rodgers Company compiled the following financial information as of December $31,20$XX:

Sales revenue $$1,120,000$

Common stock $240,000$

Buildings $320,000$

Operating expenses $1,000,000$

Cash $280,000$

Dividends $80,000$

Inventory $40,000$

Accounts payable $160,000$

Accounts receivable $120,000$

Retained earnings, $\frac{1}{1}\frac{?}{20}600,000$

Rodger's assets on December $31,20$XX are

a$.$ $$1,880,000.$

b$.$ $$640,000.$

c$.$ $$760,000.$

d$.$ $$1,360,000.$b