The correct answer would be : The Senate can oppose its bills.
I hope that this helps you !
<u>Given:</u>
Beginning retained earnings = $217,000
Revenues = $417,000
Expenses = $358,500
Dividends = $12,700
<u>To find:</u>
Ending retained earnings
<u>Solution:</u>
To calculate the ending retained earnings first we have to calculate the net income of the company. The formula to calculate the net income is as follows,

On plugging in the values in the above formula we get,

The formula to calculate the ending retained earnings is as follows,


Therefore, the retained earnings on the balance sheet as of December 31, 2016 will be $262,800 that is option c.
Sasha will owe a total of $2,300.
Hope it helps.