106,000 Mortgage Payable Common Stock Retained Earnings 13,000 13,500 Dividends 24,000 Service Revenue 267,000 Salaries Expense 60,000 Depreciation Expense-Building and Equipment 5,800 Supplies Expense 16,000 Insurance Expense 14,200 Utilities Expense 19,000 Total $480,000 $480,000 After the closing entries are posted, what is the balance in Retained Earnings