Rosa's is a small chain of Mexican food restaurants that features five delicious varieties of salsa. The business has grown over the past ten years from a hobby to a small corporation with 200,000 shares of common stock outstanding. The corporation has not issued any preferred stock. The following is Rosa's latest financial data: Annual earnings $ 650,000 Annual sales $12,650,000 Corporate assets $20,500,000 Corporate liabilities $12,800,000 Cash dividends (annual) 5.50 Market price of stock $ 35 Refer to Figure 2. What is the amount of Rosa's retained earnings? $500,000 S600,000 S650.000 $550,000