48. At the end of the third year of operation, Forgione Corporation has total assets equal to $100,000, liabilities totaling $90,000, and contributed capial of S30,000. What is the balance in retained carnings? a. $40,000 (Dr) b. $40,000 (Cr) c. $20,000 (Dr d. $20,000 (Cr) e. S10,000 (Cr) mtin hava roceived $35.000 in dividends in the current year. At year end