On January 1, 2019, Little Robot Invested $300,000 to Start

On January 1, 2019, Little Robot invested $300,000 to start Bot Corporation. During the year, Bot Corporation had total revenues of $60,000 and total expenses of $16,000. Cash dividends paid totaled $12,000.
What was the balance in Bot Corporation's retained earnings account at the end of the year?

A) $314,000
B) $ 32,000
C) $302,000
D) $ 14,000