Question: 2 pts Based on the following data and assuming that the common stock account balance is $48,000, what is the balance in retained earnings? Ques

 2 pts Based on the following data and assuming that the

2 pts Based on the following data and assuming that the common stock account balance is $48,000, what is the balance in retained earnings? Ques @ Quest Quest Quest Accounts Payable Accounts Receivable Cash Time Running Attemot due Sep 2 1 Hour, 52 Mint Inventory Buildings Bonds Payable Supplies Notes Payable Equipment $62,000 50.000 70,000 138.000 160.000 500,000 8.000 56,000 340,000 $148.000 5162,000 $100,000 $218.000 Previous Neart Oud

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