At the beginning of the year, a company's balance sheet reported the following balances: Total Assets = $130,000; Total Liabilities = $22.720; Common stock o $53,030; and Retained earnings = $54,250. During the year, the company reported revenues of $46,450 and expenses of $30,300. In addition, dividends fort year totaled $20,200. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be: Multiple Choice $50,200 $66,650 $90,600 $4,050. Based on the following Information from Scranton Company's balance sheet, calculate the current ratio. Current assets Investments Plant assets Current liabilities Long-term liabilities Retained earnings $ 86,970 50,000 220,000 39,000 89,970 228,000 Multiple Choice O 44. 3.51. 3.33. 1.06. 2.23