1-Based on the trial balance below, how would you know that the Retained Earnings balance is as of January 1, 2017 (beginning of the year)?

2-Is the beginning of the year retained earnings balance the same number (dollar amount) which is reflected in the Year-End Stockholders Equity section of the balance sheet? If not, what retained earnings balance is reflected in the Year-End balance sheet?

3-How is the end of the year retained earnings balance calculated in the Retained Earnings Statement?

Thank you very much! Please show the work!

Marcell Sports Inc. Adjusted Trial Balance December 31, 2017 Credit $ Debit 192,000 750,000 $ 30,000 50,000 17,000 950,000 1,385,000 265,000 1,500,000 860,000 1,325,000 Cash Accounts Receivable Allowance for Doubtful Accounts Notes Receivable Supplies Inventory, 1/1/17 Equipment Accumulated Deperciation - Equipment Building Accumulated Deperciation - Building Land Accounts Payable Salaries and Wages Payable Notes Payable - Long Term Mortgage Payable Common Stock, Par Value $0.01 APIC Retained Earnings Dividends Sales Revenue Sales Discounts Sales Returns and Allowances Purchases Purchase Discounts Freight In Selling Expenses Administrative Expenses Rent Revenue Income Tax Expense Gain on Sale of Land 365,000 25,000 1,250,000 1,325,000 125,000 925,000 755,000 $ 110,000 3,850,000 11,000 255,000 1,410,000 15,000 son $ $ $ 85,000 855,000 795,000 10,000 $ 285,000 $ 175,000 9,975,000 $ 9,975,000 $