The Following Information Is Available for Zephyr Company Before Closing $$\begin{array} { l r } \text { Net income } & \$ 115,000 \\\text { Retained earnings } & 110,000 \\\text { Dividends } & 39,000\end{array}$$

Multiple Choice

The following information is available for Zephyr Company before closing the accounts.After all of the closing entries are made,what will be the balance in the Retained earnings account?
$$\begin{array} { l r } \text { Net income } & \$ 115,000 \\\text { Retained earnings } & 110,000 \\\text { Dividends } & 39,000\end{array}$$

A) $115,000.
B) $225,000.
C) $264,000.
D) $186,000.
E) $956,000.