Question 5 The account balances below existed for ABC Co. as of December 31, 20x1. Cash $150,000 Accounts Receivable $50,000 Notes Payable $100,000 Revenues $450,000 Equipment $50,000 Unearned Revenue $25,000 Wages Expense $130,000 Common Stock $75,000 Dividends $5,000 Depreciation Expense $90,000 Supplies Expense $20,000 Rent Expense $150,000 Supplies $50,000 Prepaid Rent $25,000 The balance of Retained Earnings was $70,000 on January 1, 20x1. Use this information to fill out the following Statement of Retained Earnings for the year ended December 31, 20x1. Retained Earnings, Jan 1, 20x1 +Net Income ABC Co. Statement of Retained Earnings Year Ended 12-31-x1 -Dividends 4 pts Retained Earnings, Dec 31, 20x1 *Note: Do NOT the "$" in your answer. Also, if your answer is negative, do NOT put the "-" symbol. MacBook Pro