Use the Following Information for Questions
Metzger Company Compiled

Multiple Choice

Use the following information for questions
Metzger Company compiled the following financial information as of December 31, 2011: $$\begin{array} { l r } \text { Revenues } & € 140,000 \\\text { Retained earnings } ( 1 / 1 / 11 ) & 70,000 \\\text { Equipment } & 40,000 \\\text { Expenses } & 125,000 \\\text { Cash } & 35,000 \\\text { Dividends } & 10,000 \\\text { Supplies } & 5,000 \\\text { Accounts payable } & 20,000 \\\text { Accounts receivable } & 15,000 \\\text { Share capital ordinary } & 25,000\end{array}$$
-Metzger's equity on December 31, 2011 is

A) €70,000.
B) €60,000.
C) €75,000.
D) €85,000.