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Which of the following formulas for 'retained profits' from the balance sheet is correct? Assume that now is time 1 and last year is time

Which of the following formulas for 'retained profits' from the balance sheet is correct? Assume that now is time 1 and last year is time 0.

Select one:

a.RetainedProfits1 = NetIncome1 - Dividends1 - EquityRaisings1

b.RetainedProfits1 = NetIncome1 - Dividends1 - Buybacks1 - EquityRaisings1

c.RetainedProfits1 = NetIncome1 + Dividends1 + Buybacks1 + EquityRaisings1

d.RetainedProfits1 = NetIncome1 - Dividends1 - Buybacks1 + EquityRaisings1

e.RetainedProfits1 = RetainedProfits0 + NetIncome1 - Dividends1 - Buybacks1

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