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$66,000 106,000 $36,000 $156,500 Entity A reported the following items on its balance sheet at the end of the current year. All accounts are listed.

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$66,000 106,000 $36,000 $156,500

Entity A reported the following items on its balance sheet at the end of the current year. All accounts are listed. $ 35.000 Accounts payable $ 15,000 1 ,500 Taxes payable 5,500 Supplies Property. plant, & equip. 65.000 Long-term debt 30,000 70,000 Accounts receivable 40,000 Comrnon stock 15,000 ? Inventory Retained earnings What is Entity A's Retained Earnings balance at the end Of the current year? 104000 $36,000 -$156,500

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