At the End of 20C,Libby Company Reported an Ending Balance

Multiple Choice

At the end of 20C,Libby Company reported an ending balance for retained earnings of $50,000.During 20D,the company reported the following amounts: Dividends declared and paid,$30,000 and profit,$40,000.The 20D statement of Retained Earnings should report an ending balance for retained earnings of which of the following?

A) $60,000.
B) $80,000.
C) $90,000.
D) $100,000.