2 (14 points/100 total) The company earned $65,200 last year and earned $35,250 for the current year. Total revenues were $125,600 and total expenses were $90,350 for the current year. Last year's balance sheet reports $106,290 of retained earnings. The company borrowed $22,300 from the bank during the current year. The company paid $25,000 to stockholder's (owners) in dividends in the current year. The company issued common stock to investors for the amount of $100,000 during the current year. Determine the amount that will be reported on the balance sheet for retained earnings for the current year end. Page 7 of 9