Use the Following Information to Answer

Use the following information to answer:
Marvin's Mechanical Repair Shop started the year with total assets of $60,000, total liabilities of $40,000, and retained earnings of $18,000. During the year, the business recorded $100,000 in auto repair revenues, $70,000 in expenses, and the company paid dividends of $15,000.
-Marvin's balance of stockholders' equity at the start of the year was:

A) $ 2,000
B) $ 20,000
C) $100,000
D) $ 15,000
E) None of the above