The Embroidery Shoppe Had Beginning Retained Earnings of $18,670

The Embroidery Shoppe had beginning retained earnings of $18,670.During the year,the company reported sales of $83,490,costs of $68,407,depreciation of $8,200,dividends of $950,and interest paid of $478.The tax rate is 35 percent.What is the retained earnings balance at the end of the year?

A) $21,883.25
B) $22,193.95
C) $22,833.24
D) $23,783.24
E) $30,393.95