Question: Based on the following data and assuming that the common stock account balance is $ 66000 , what is the balance in retained earnings? Accounts
Based on the following data and assuming that the common stock account balance is $66000, what is the balance in retained earnings?
| Accounts payable | $87000 |
| Accounts receivable | 56000 |
| Cash | 76000 |
| Inventory | 132000 |
| Buildings | 162000 |
| Bonds payable | 521000 |
| Supplies | 10300 |
| Notes payable | 57000 |
| Equipment | 353000 |
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