A Account totals $ CA Land $ 12 500 8.000 2.000 Note payable Property tax expense Rent expense Accounts receivable 8.200 Equipment 32,500 Interest expense 2.350 Interest payable 16.500 Accounts payable 26.000 Salary expense 156.000 Building 1.800 Cash 15,500 43.500 126 500 Service revenue N 11.000 Supplies Utilities expense 3.600|| Common shares 20.000 Beginning retained earnings were $67 950, and dividends totalled $34,000 for the year: Print Done HVIS Equity Total shareholders' equity Total assets Total liabilities and shareholders' equity performance in 2020 As CEO of Monroe Services Inc., answer the following questions and then decide if you would be pleased with Monroe Services's over a. Was Monroe Services profitable during 20202 By how much? (Use a minus sign or parentheses for a net loss.) Monroe Services was V with a net profit (1086) of b. Did retained earnings increase or decrease? By how much? Retained earnings V by after paying dividends to shareholders of $ c. Who has a larger claim on Monroe Services's assets, its creditors or its shareholders? exceeds v by $ own more of Monroe Services' assets Now decide if you would be pleased with Monroe Services's overall performance in 2020 As CEO, you be pleased with the results of Monroe Services because the company earned a Choose from any list or enter any number in the input fields and then continue to the next