As of December 31, Year 1, Moss Company had total cash of $195,000, notes payable $195,000 of $90,500, and common stock of $84,500. During Year 2, Mess earned $42,000 of cash revenue, paid $24,000 for cash expenses, and paid a $3,000 cash dividend to the stockholders. (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.) 16 (Enter any decreases to account balances with a minus sign.) d. Complete the equality of the accounting equation as of December 31 , Year 2