As of December 31, Year 1, Flowers Company had total assets of $170,000, total liabilities of $51,000, and common stock of $85.000. The company's Year 1 Income statement contained revenue of $30,000 and expenses of $18,000. The Year 1 statement of changes in stockholders' equity stated that $2,700 of dividends were paid to investors. Required a. Determine the before-closing balance in the Retained Earnings account on December 31, Year 1. b. Determine the after-closing balance in the Retained Earnings account on December 31. Year 1. c. Determine the before-closing balances in the Revenue, Expense, and Dividend accounts on December 31, Year 1. d. Determine the after-closing balances in the Revenue. Expense, and Dividend accounts on December 31. Year 1 Complete this question by entering your answers in the tabs below. Req A and B Req C and D Determine the before-closing balance and the after-closing balance in the Retained Earnings account on December 31, Year 1. a Retained earnings before-closing b. Retained earnings after-closing Reg A and B Req C and D > Drou 11 of 12 Next >