Kilmer Corporation Began the Year with Retained Earnings of $930,000

Multiple Choice

Kilmer Corporation began the year with retained earnings of $930,000. During the year, the company issued $1,260,000 of common stock, recorded expenses of $3,600,000, and paid dividends of $240,000. If Kilmer's ending retained earnings was $990,000, what was the company's revenue for the year?

A) $3,660,000
B) $3,900,000
C) $4,920,000
D) $50,160,000