Homework: Graded MAL HW #1 [Ch. 1] Spring 2019 Score: 6.5 of 13 pts Instructor-created question The assets and liabilitios of a company on December 31, 2016, its revenues and expenses for the year ended on that date, and additional, follow EE (Cliak the loon to view the account totals.) 11 of 14 (11 complete) Data Table esult of operations of S Equipment nterest expense nterest payable3,000 Property tax expense Accounts payable Salary expense $ 29,000 99,000 7400 40,600 108,800 Accounts reooivable85,000 Was there an overall net increase or net decrease in retained eamings during the year? By how much? 10,800 Note payable.... tained earmings by $ 25,000 Rent expense. Cash 6,600 8,000 Beginning retained eamings was $364,400, and dividends totaled $103,000 for 4,000 Supplies 16,100 Usilities expense Common stock the year Print Done rom any drop-down list and then click Check