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Pharoah Company compiled the following financial information as of December 31, 2025; Service revenue $846,000...

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Accounting

Pharoah Company compiled the following financial information as of December 31, 2025; Service revenue $846,000 Common stock 189000 Equipment 234000 Operating expenses 729000 Cash 206000 Dividends 56000 Supplies 35000 Accounts payable 108000 Accounts receivable 89500 Retained earnings 1/1/2025 206500

Pharoah's retained earnings balance on December 31,2025 is

A. $35000

B. $267500

C. $323500

D. $206500

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