During 2016,Beta Ltd Incurred Expenses of $250 and Earned a Net

Multiple Choice

During 2016,Beta Ltd incurred expenses of $250 and earned a net profit of $50.Retained profits at 1 January 2016 stood at $70 and dividends declared and paid totalled $30.
-What was the balance of Beta Ltd's retained profits at 31 December 2016?

A) $30
B) $50
C) $90
D) $150