Mobile Power Corp.reported the following information for the year ended December 31, 2016. $\begin{array}{lr}
\text { Revenue } & \$ 40,000 \
\text { Expenses } & 23,000 \
\text { Dividends } & 10,000 \
\text { Retained earnings at December } 31,2016 & 175,000
\end{array}$ ? What was the retained earnings balance for Mobile Power at December 31, 2015?
A) $ 165,000
B) $ 168,000
C) $ 182,000
D) $ 192,000

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The Answer of Mobile Power Corp.reported the following information for the year ended December 31, 2016. $\begin{array}{lr}
\text { Revenue } & \$ 40,000 \
\text { Expenses } & 23,000 \
\text { Dividends } & 10,000 \
\text { Retained earnings at December } 31,2016 & 175,000
\end{array}$ ? What was the retained earnings balance for Mobile Power at December 31, 2015?
A) $ 165,000
B) $ 168,000
C) $ 182,000
D) $ 192,000

Mobile Power Corp ? What Was the Retained Earnings Balance for Mobile Power