As of December 31 Year 1 Moss Company had total cash of 159 000 notes payable of 85 900 and common stock of 52 700 During Year 2 Moss earned 39 000 of cash revenue paid 21 500 for cash expenses and paid a 3 300 cash dividend to the stockholders 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 d Complete the equality of the accounting equation as of December 31 Year 2 Complete this question by entering your answers in the tabs below Req A Req B and C Req D Determine the amount of retained earnings as of December 31 Year 1