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Vaughn Manufacturing compiled the following financial information as of December 31, 2022: Service revenue $849000 Common stock 190000 Equipment 230000 Operating expenses 732000 Cash 225000

Vaughn Manufacturing compiled the following financial information as of December 31, 2022:

Service revenue $849000
Common stock 190000
Equipment 230000
Operating expenses 732000
Cash 225000
Dividends 63000
Supplies 40000
Accounts payable 109000
Accounts receivable 306500
Retained earnings, 1/1/22 439000

Vaughn's retained earnings on December 31, 2022 are:

$542500.

$493000.

$457000.

$40000.

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