Misra Company Compiled the Following Financial Information as of December

question 147

Multiple Choice

Misra Company compiled the following financial information as of December 31, 2018: $$\begin{array} { l r } \text { Revenues } & \$ 340,000 \\\text { Retained earnings } ( 1 / 1 / 18 ) & 60,000 \\\text { Equipment } & 80,000 \\\text { Expenses } & 250,000 \\\text { Cash } & 90,000 \\\text { Dividends } & 20,000 \\\text { Supplies } & 10,000 \\\text { Accounts payable } & 40,000 \\\text { Accounts receivable } & 70,000 \\\text { Common stock } & 80,000\end{array}$$
Misra's stockholders' equity on December 31, 2018 is

• A) $90,000.
• B) $140,000.
• C) $210,000.
• D) $250,000.