Black Keys Company Began the Year with Stockholders' Equity of $280,000

Multiple Choice

Black Keys Company began the year with stockholders' equity of $280,000. During the year, the company recorded revenues of $375,000, expenses of $285,000, and paid dividends of $30,000. What was Black Keys' stockholders' equity at the end of the year?

A) $280,000.
B) $340,000.
C) $370,000.
D) $400,000.