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Below are accounts and ending balances as of 12/31/2020 from the adjusted trial balance of Ollivanders, Inc. Assume all accounts have their normal debit or

Below are accounts and ending balances as of 12/31/2020 from the adjusted trial balance of Ollivanders, Inc. Assume all accounts have their normal debit or credit balance. The firm has a monthly accounting period, and all revenue, expense, and dividends account balances are for the month ended 12/31/2020.

Cash

$109,821

Common Stock

$875

Accounts Receivable

$133,450

Additional Paid-in Capital

$16,448

Prepaid Rent

$4,000

Retained Earnings

$176,363

Inventory

$89,355

Sales Revenue

$395,613

Equipment

$250,000

Cost of Goods Sold

$188,340

Accumulated Depreciation-Equipment

$150,000

Wages Expense

$62,000

Accounts Payable

$128,107

Interest Expense

$1,000

Wages Payable

$12,000

Depreciation Expense

$50,000

Interest Payable

$750

Rent Expense

$2,000

Notes Payable

$10,000

Dividends

$190

What is ending balance of Retained Earnings that would appear on the firms balance sheet as of December 31, 2020?

Group of answer choices

$176,363

$92,083

$268,636

$268,446

$92,273

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