Assets Liabilities Event Beginning Balance 1. 2. Notes Cash Land Retained Common Stock Stockholders' Equity Account Titles for Retained Payable Earnings Earnings 40,000+ 90,000- 50,000+ 55,000+ 25,000 NA 68,000+ NA NA 68,000+ NA NA + NA NA . NA Revenue 3. (57,000) + NA NA + NA + (57,000) Expenses 4. (14,000) + NA NA NA . (14,000) Dividend 5 (50,000)+ 50,000 NA + NA + NA NA 6. Totals (10,000) + 69,000 NA 140,000 (10,000) 40,000 NA . NA NA 123,000 b. Is there sufficient cash available to repay the debt on January 1, Year B? Yes No c. Based on the information in Required a, what is the maximum cash dividend JGGW could pay on January 1, Year 87 Check my