b. Below are the Balance Sheets of Carol, Inc. at the beginning and end of January 1/1 1/31 $5 $10 Cas Receivables from customers.5 7 Prepaid Expenses. Other assets. 20 25 $44 $45 $8 $10 Payables for Expenses.. Unearned Revenues. Common Stock.... Retained Earnings. 4 15 20 17 2 $44 45 During the month of January Expenses incurred were $15 and Carol paid a Dividend of $2