Question: Based on the following data and assuming that the common stock account balance is $57000, what is the balance in retained earnings? Accounts payable

Based on the following data and assuming that the common stock account

Based on the following data and assuming that the common stock account balance is $57000, what is the balance in retained earnings? Accounts payable $74000 Accounts receivable 52000 Cash 87000 Inventory 143000 Buildings 166000 Bonds payable 524000 Supplies 9700 Notes payable 61000 Equipment 348000 $163700 $224700 $89700 $146700

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