The Following Pre-Closing Accounts and Balances Were Drawn from the Records

Multiple Choice

The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 2: $$\begin{array} { l lll} \text { Cash } & \$ 4,000& \text { Accounts receivable } & \$3,400\\\text { Dividends} &2,000& \text { common stock } &3,900 \\\text { Land } &3,200 &\text { Revenue } &3,200 \\\text { Accounts payable } & 1,800 &\text { Expense } & 2,200\end{array}$$

What is the amount of retained earnings that will be shown on the balance sheet at December 31, Year 2?

A) $5,900
B) $7,200
C) $3,900
D) $4,900