Mobile Power Corp What Was the Retained Earnings Balance for Mobile Power at December

Multiple Choice

Mobile Power Corp.reported the following information for the year ended December 31,2017.
$\begin{array}{lr}\text { Revenue } & \$ 40,000 \\\text { Expenses } & 23,000 \\\text { Dividends } & 10,000 \\\text { Retained earnings at December 31,2017 } & 175,000\end{array}$
What was the retained earnings balance for Mobile Power at December 31,2016?

A) $165,000
B) $168,000
C) $182,000
D) $192,000