The accountant for Robinson 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 $ 164,500 Cash dividends declared for the year $ 54,500 Proceeds from the sale of equipment $ 89,500 Gain on the sale of equipment $ 8,700 Cash dividends payable at the beginning of the year $ 26,500 Cash dividends payable at the end of the year $ 50,200 Net income for the year $ 100,500 What is the ending balance for retained earnings? a) $265,000. b) $210,500. c) $293,000. d) $191,000. e) $269,300