Question: could i please have some help with this question? its been bothering me for a while The Retained earnings account has a credit balance of

could i please have some help with this question? its been bothering me for a while

The Retained earnings account has a credit balance of $31,450 before closing entries are made. If total revenues for the period are $97,700, total expenses are $72,100, and dividends are $16,650, what is the ending balance in the Retained earnings account after all closing entries are made? Multiple Choice O $25,600 $31,450 $40,400 $57,050 $14,800

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