During 2019, Beta Ltd Incurred Expenses of $25 000 and Earned

Multiple Choice

During 2019, Beta Ltd incurred expenses of $25 000 and earned a net profit of $5 000. Retained profits at 1 January 2019 stood at $7 000, and dividends declared and paid totalled $3 000. What were the revenues of Beta Ltd during 2019?

A) $20 000
B) $25 000
C) $30 000
D) $33 000