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Using the following information for Morris Lest Co. for the year ended December 31, Year 2 and assuming no new stock was issued during the year, Total Assets at December 31, Year 2 equals Revenues for the year ended December 31, Year 2 $850 Net Income for the year ended December 31, Year 2 $370 Retained Earnings, December 31, Year 1 $280 Retained Earnings, December 31, Year 2 $360 Total Shareholders' Equity at December 31, Year 2 $725 Total Liabilities at December 31, Year 1 $605 Total Liabilities at December 31, Year 2 $40 O $765 None of the above is correct $1,330 $645 $605 Click Save and Submit to save and submit. Click Save All Answers to save all answers