Does Andrews have Common Stock of $14,081 and Retained Earnings of $101,016?

The Andrews company currently has the following balances in their equity accounts: Common Stock $14,081 Retained earnings $101,016 Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year?

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•  $60,381

•  $131,097

•  $131,316

•  $115,097