7) The following is the adjusted trial balance for Becker Photography, Credit Debit $88,600 29,000 3,500 3,200 130,000 $17,500 77,000 9,000 47,000 Accounts Cash Accounts Receivable Prepaid Insurance Office Supplies Building Accumulated Depreciation --Building Equipment Accumulated Depreciation-Equipment Land Accounts Payable Salaries Payable Unearned Revenue Mortgage Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Depreciation Expense--Building and Equipment Supplies Expense Insurance Expense Utilities Expense Total 25,000 5,000 27,000 103,000 16,000 11,500 25,000 301,000 62,000 6,200 11,000 14,500 18,000 $515,000 $515,000 After the closing entries, what will the final balance in Retained Earnings be? A) $216,800 B) $25,000 C) $27,500 D) $175,800