Barr Attorneys
the Company Reported the Following Information for the Year

Barr Attorneys
The company reported the following information for the year ended December 31, Year 2:
$$\begin{array} { l r } \text { Revenue } & \$ 14,000,000 \\\text { Expenses } & 11,500,000 \\\text { Dividends } & 1,000,000 \\\text { Retained earrings at December 31, Year 2 } & 1,750,000\end{array}$$
-Refer to the figure Barr Attorneys .What was the retained earnings balance at December 31,Year 1?

A) $ 250,000
B) $3500,000
C) $1,500,000
D) $2,500,000