Using the information given below what will the forecast retained earnings balance be at the end of Year 2?

Retained earnings balance at the end of Year 1	200.0
Forecast net income for Year 2	100.0
Forecast common stock dividends for Year 2	30.0
Forecast SG&A expenses for Year 2	80.0

Select one:

300.0

200.0

270.0

190.0