Barr Attorneys Reported the Following Information for the Year Ended

Barr Attorneys reported the following information for the year ended December 31,2013. $\begin{array}{l} \text { Revenue } &\$ 14,000,000 \\ \text { Expenses } &11,500,000 \\ \text { Dividends } &1,000,000 \\ \text { Retained Eanings at December 31, 2013 } &1,750,000\end{array}$
-What was the retained earnings balance at December 31,2012?

A) $ 250,000
B) $2,500,000
C) $1,500,000
D) $ 350,000