1 On July 1 Year 1 Vllage Bookstore, Incorporated appropriated retained earings in the amount of $36,000 for a future remodeling project in the basement of the bookstore On June 30, Year the balance of Retained Earnings was $82.800 and the Cash balance was $43.200 Which of the following answers shows the effect of the July 1 event on the financial statements? Balance Sheet Liabilities 15 BHD Income Statement Assets State Expense + . n/a Stockholders' Equity Appropriated Retained Retained Earnings - Earnings (36,000) + 36,000 (36,000) + n/ na . n/a (36,000) 36,000 Accounts Iteceivable na n/ ya Revenue n/a n/a Accounts Dayable n/a n/a n/ n/a A. Cash n/a (36,000) Na n/ (36) (36) wa Net Incore N/a na N/ n/ wa C. D. n/a na / + Mulle Choice Choice Choced