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Volt Corp. reported the following information for the year endedDecember 31, 2017: Revenues$50,000 Dividends25,000 Retained earnings(12/31/16) 100,000 Retained earnings(12/31/17) 105,000 How much

Volt Corp. reported the following information for the year endedDecember 31, 2017:

Revenues $50,000

Dividends 25,000

Retained earnings(12/31/16) 100,000

Retained earnings(12/31/17) 105,000

How much were Volt’s total expenses in2017?

A. $20,000

B. $25,000

C. $30,000

D. $45,000

E. $50,000

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