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Bailey Company had the following year-end balances in their accounts: Total Assets$157,000 Total Liabilities83,500 Total Contributed Capital30,000 Total Retained Earnings? Total Revenues93,700 Total Expenses72,400 Total

Bailey Company had the following year-end balances in their accounts:

Total Assets$157,000

Total Liabilities83,500

Total Contributed Capital30,000

Total Retained Earnings?

Total Revenues93,700

Total Expenses72,400

Total Dividends5,000

What is Bailey Company'sendingRetained Earnings?

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