Exercise 1-7A (Algo) Missing information and recording events LO 1-3 As of December 31, Year 1, Moss Company had total cash of $153,000, notes payable of $85,300, and cammon stock of $52,100. During Year 2, Moss earned $33,000 of cash revenue, paid $18,500 for cash expenses, and paid a $2,700 cash dividend to the stocktholders Pequired: a. Determine the amount of retained earnings as of December 31, Year 1. b. 8 c. Create an accounting equation and record the beginning account balances, revenue, expense, and dividend events under the bccounting equation. Note: Enter any decreases to account balances with a minus sign