At the Beginning of the Year, Your Wealth Is $10,000

Multiple Choice

At the beginning of the year, your wealth is $10,000. During the year, you have an income of $80,000 and you spend $90,000 on consumption goods and services. You pay no taxes. Your wealth at the end of the year is

A) $20,000.
B) $0.
C) $90,000.
D) $100,000.
E) $10,000.