Maddux Ltd Has Completed Its Financial Year and Reported the Following

Multiple Choice

Maddux Ltd has completed its financial year and reported the following information. The company had current assets of $153,413, net fixed assets of $ 412,331, and other assets of $7,822. The company also has current liabilities worth $65,314, long-term debt of $178,334, and ordinary share capital of $162,000. How much retained earnings does the company have?

A) $ 405,648
B) $233,232
C) $167,918
D) $329,918