Centro-Matic Company Began the Year with Stockholders' Equity of $30,000

Multiple Choice

Centro-matic Company began the year with stockholders' equity of $30,000. During the year, Centro-matic issued additional shares of stock in exchange for cash of $42,000, recorded expenses of $120,000, and paid dividends of $8,000. If Centro-matic's ending stockholders' equity was $112,000, what was the company's revenue for the year?

A) $160,000.
B) $168,000.
C) $202,000.
D) $210,000.