Rouler Ltd was founded in January 2023 to sell transportation vehicles in Ottawa. On 31-12-2023, the company's capital was $450,000 and the retained earnings were $100,000. The company's capital is formed by 80,000 common shares (no par value) issued at $5 per share. The company's capital also consists of 5,000 preferred shares (no par value). The company carried out the following transactions: March 06: redemption and immediate cancellation of 3,000 common shares at $7 per share paid in cash March 08: repurchase and immediate cancellation of 2,000 preferred shares at $8 per share paid in cash At the end of its operations, the retained earnings should be equal to : Options from question 11:

98 000 $

104 000 $

94 000 $

102 000 $

None of the above