What is the balance of the retained earnings account

Reference no: EM133659810

Question: They have collected the following account information for their balance sheet: Cash account balance of $92,000, Accounts Receivable balance of $37,000, Finished Goods Inventory Balance of $3,900, Raw Materials Inventory Balance of $4,200, Property/Plant/Equipment account balance of $375,000, Accounts Payable account balance of $102,000, and Common Stock Balance of $87,000. What is the balance of the retained earnings account?

Reference no: EM133659810

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