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A firm's year-end retained earnings balances are $870,000 and $460,000, for 2018 and 2019 respectively. The firm paid $10,000 in dividends in 2019. The firm's

A firm's year-end retained earnings balances are $870,000 and $460,000, for 2018 and 2019 respectively. The firm paid $10,000 in dividends in 2019. The firm's net profit after taxes in 2019 was Select one: a. $400,000 X b. -$110,000 C. -$400,000 O d. $110,000

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