31. 1. Based on the following trial balance for Sal's Beauty Shop, calculate net profit and ending retained earnings at the end of December. The company did not issue additional shares during the month. Sal's Beauty Shop Trial Balance December 31 Cash $ 6,500 Accounts receivable 475 Beauty supplies 2,500 Beauty shop equipment 17,000 Accounts payable Share capital Retained earnings Dividends 36,000 Revenue Beauty supplies expense 3,425 Rent expense 6,000 Wages expense 22,000 Totals $93,900 $ 745 20,155 1,000 72,000 $93,900 Your