4. Max Industries reported the following amounts on its balance sheet on December 31, 2017: Cash Notes payable Inventory Contributed Capital Net Property, Plant & Equipment Accounts Receivable Accounts Payable Retained Eamings $170,000 100,000 325,000 750,000 600,000 30,000 76,000 ? (1). What is the amount of Max's retained eamings at the end of 2017? (2). Prepare a balance sheet for Max Industries using U.S. GAAP as of December 31 2017