Question: 2 Brief Exercise 3.5 (Static) Changes in Retained Earnings (LO3-3, LO3-6) Mastrolia Corporation's Retained Earnings account balance was $25,000 on January 1. During January, the

 2 Brief Exercise 3.5 (Static) Changes in Retained Earnings (LO3-3, LO3-6)

2 Brief Exercise 3.5 (Static) Changes in Retained Earnings (LO3-3, LO3-6) Mastrolia Corporation's Retained Earnings account balance was $25,000 on January 1. During January, the company recorded revenue of $80.000, expenses of $60.000, and dividends of $5,000. The company also collected a $9.000 account receivable and paid a $6,000 account payable during the period. Determine the company's Retained Earnings account balance on January 31 Rated things

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