4 142 points Book As of December 31, Year 1, Moss Company had total cash of $155,000, notes payable of $85,500, and common stock of $52.300 During Year 2, Moss earned $35,000 of cash revenue, paid $19,500 for cash expenses, and paid a $2,900 cash dividend to the stockholders.. Required a. Determine the amount of retained earnings as of December 31, Year 1. Retained earnings Prim eferences Help Save & Ext Submit b. & c. Create an accounting equation and record the beginning account balances, revenue, expense, and dividend events under the accounting equation. (Enter any decreases to account balances with a minus sign.) MOSS COMPANY Effect of Year 2 Transactions on the Accounting Equation Event Beginning balance 1. Eamed revenue 2 Paid expenses 3. Paid dividend Ending balance Assels Cast Liabilities Notes Payable Stockholders' Equity Common Stock Retained Earnings Check my work