As of December $31,$ Year $1,$ Moss Company had total cash of $$195,000,$ notes payable

of $$90,500,$ and common stock of $$84,500.$

$($Use cell references from the given information to complete this question.$)$

Required

a$.$ Determine the amount of retained earnings as of December $31,$ Year $1.$

b$.$ & c$.$ Create an accounting equation and record the beginning account balances, revenue, expense, and dividend events under the appropriate elements of the accounting equation.

$($Enter any decreases to account balances with a minus sign.$)$

d$.$ Complete the equality of the accounting equation as of December $31,$ Year $2.$