As of December 31,2016 , Flowers Company had total assets of $130,000, total liabilities of $50,000, and common stock of $70,000. The company's 2016 income statement contained revenue of $30,000 and expenses of $18,000. The. 2016 statement of changes in stockholders' equity stated that $3,000 of dividends were paid to investors. Required a. Determine the before-closing balance in the Retained Earnings account on December a. 31,2016 . b. Determine the after-closing balance in the Retained Earnings account on December 31, 2016. c. Determine the before-closing balances in the Revenue, Expense, and Dividend accounts on December 31, 2016. d. Determine the after-closing balances in the Revenue, Expense, and Dividend accounts on December 31, 2016