Kincaid Company's Retained Earnings Balance on January 1 Was $9,000

Kincaid Company's Retained Earnings balance on January 1 was $9,000.During the current year,Kincaid earned $3,100 in revenues and incurred $4,300 in expenses.Kincaid declared and paid $3,000 in dividends,all in cash.After the closing entries are made,Kincaid's Retained Earnings balance on December 31 will be:

A) $7,800.
B) $9,100.
C) $9,000.
D) $4,800.