21 At the beginning of the year, a company's balance sheet reported the following balances: Total Assets = $155,000; Total Liabilities = $23,850; Common stock of $55,650; and Retained earnings = $75,500. During the year, the company reported revenues of $48,700 and expenses of $31,800. In addition, dividends for the year totaled $21,200. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be: 8 00:50:21 Multiple Choice $113,600 O $69,900 O $79,800 O O $4,300. $71,200