Accounts Cash Accounts Receivable Prepaid Insurance Supplies Debit $51,900 Credit 26,000 4,500 3,100 Land 47,000 Building 150,000 Accumulated Depreciation-Building $13,500.00 Equipment 72,000 Accumulated Depreciation-Equipment 8,000 Accounts Payable 25,000 Salaries Payable 5,000 Unearned Revenue Mortgage Payable Common Stock Retained Earnings Dividends 24,000 102,000 16,000 15,500 27,000 Service Revenue 291,000 Salaries Expense 64,000 Depreciation Expense-Building and Equipment 6,000 Supplies Expense 11,000 Insurance Expense 14,500 Utilities Expense 23,000 Total $500,000 $500,000 After the closing entries are posted, what is the balance in Retained Earnings? A. $31,500 OB. $27,000 OC. $204,000 D. $161,000