The accountant for huckleberry company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:

Retained earnings balance at the beginning of the year	$151,000
Cash dividends declared for the year	$46,000
Net income for the year	$92,000

What is the ending balance for retained earnings?

a) $264,000.

b) $13,000.

c) $243,000.

d) $197,000.

e) $105,000.