As of December 31, 2019 Debits Credits 208,555 86,477 11,447 16,666 752,250 Cash Accounts receivable Prepaid expenses Supplies Property, Plant and Equipment (PP&E) Accumulated depreciation - (PP&E) Accounts payable Unearned revenues Bank Loan payable Capital stock Retained earnings, Jan. 1 Dividends Revenues Expenses (total) 305,550 136,048 113,750 250,000 140,000 57 223 12,500 593,351 508,025 1,595,921 1,595,921 a. Prepare Retained Earning Statement (5 Marks) b. Prepare Balance Sheet