29. The trial balance shows the following selected amounts and balances at the end of the fiscal year dated December 31, 2016. All accounts have their normal balances. Cash $10,400 Retained Earnings (1/1/16) $15,000 Salaries Payable $2,100 Insurance Expense $1,500 Accounts Receivable $17,300 Unearned Rent Revenue $3,600 Dividends $5,000 Office Supplies $5,700 Notes Payable $4,000 Repair Expense $14,000 Office Supplies Exp. $1,600 Service Revenue $34,700 Rent Revenue $11,900 Prepaid Insurance $2,500 Accounts Payable $6,800 Salaries Expense $18,100 Common Stock $4,000 What is the balance in Retained Earnings after journalizing and posting the closing entries? a. $26,400 b. $15,000 c. $25,000 d. $21,400 e. None of the above