[Solved] Amazing Gracie's Snacks reports the follo

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Amazing Gracie's Snacks reports the following on their balance sheet: assets of $650,000, liabilities of $275,000 and capital stock of $125,000. What is the balance

Amazing Gracie's Snacks reports the following on their balance sheet: assets of $650,000, liabilities of $275,000 and capital stock of $125,000. What is the balance in retained earnings?

A. $450,000

B. $50,000

C. $250,000

D. $750,000

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