During July, Its First Period of Operations, Aju Inc $\mathrm{W} 960,000,000$

During July, its first period of operations, Aju inc. sold ordinary shares for $\mathrm{W} 960,000,000$ , earned net income of $W 110,000,000$ , and paid dividends of $W 27,000,000$ . Retained earnings at the end of July is

A) W1,070,000,000
B) W1,043,000,000
C) W933,000,000
D) W83,000,000