Mica Inc Began Operations in October, 2011 $€ 200,000$

Multiple Choice

Mica inc. began operations in October, 2011.During October, Mica sold ordinary shares for $€ 200,000$ , earned revenue of $€ 22,000$ , incurred expenses of $€ 12,000$ , and paid dividends of $€ 1,000$ . Retained earnings at the end the month is

A) $€ 9,000$
B) $€ 10,000$
C) $€ 209,000$
D) $€ 210000$