Question: PLEASE HELP!! Entity A reported the following items on its balance sheet at the end of the current year. All accounts are listed. Cash $

PLEASE HELP!!

Entity A reported the following items on its balance sheet at the end of the current year. All accounts are listed. Cash $ 53,000 Accounts payable $ 15,000 Taxes payable 5,500 Long-term debt 48,000 Accounts receivable 40,000 ? Inventory 15,000 What is Entity A's Retained Earnings balance at the end of the current year? $46,000 $68,500 $174,500 106,000 Supplies I 1,500 Property, plant, & equip. 65,000 Common stock 60,000 Retained earnings

$46,000$68,500$174,500106,000

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