The following information was obtained from the Dumont Corporation's September financial statements. Determine the company's retained earnings on September 30.

Income Statement
Revenues
Expenses	$490,000
Net Income	$140,000
Statement of Retained Earnings
Beginning Balance	$410,000
Net Income
Subtotal
Dividends	$50,000
Ending Balance	?????????
Balance Sheet
Assets
Liabilities	$800,000
Stockholders' Equity
Common Stock	$900,000
Retained Earnings	?????????
Total Stockholders' Equity
Total Liabilities and Stockholders' Equity	$2,200,000

	a.	$500,000
	b.	$360,000
	c.	$440,000
	d.	$610,000