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34. The following information is available for Ralph's Deli: January 1, 2023 $235,000 $100,000 December 31, 2023 $325,000 $130,000 assets liabilities common stock. retained earnings.

34. The following information is available for Ralph's Deli: January 1, 2023 $235,000 $100,000 December 31, 2023 $325,000 $130,000 assets liabilities common stock. retained earnings. $155,000 $ 40,000 During 2023, Ralph's Deli reported a net income of $26,000 and declared and paid dividends totaling $9,000. Calculate the common stock balance at January 1, 2023

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