The accountant for TI 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 Cash dividends declared for the year Net income for the year $162,000 50,400 97,500 What is the ending balance for retained earnings? Multiple Choice $280,500. O $14,100 O $259,500. a $209,100. O O $111,600