board / My courses / ACCOUNTING THEORY Section Lecture (20201020114200 AAUP-JENIN) / 12 January estion 10 tyet swered ked out of 30 Flag question If the balance sheet at 31/12/2020 has the followings Current Liabilities $ 40,000 Non-current Liabilities $ 60,000 Capital Stock $ 100,000 Retained earnings $ 20,000 If the CPI at the 1/1 is 130. average CPL is 140 and CP at 31/12 is 150, if you know that the adjusted value using CPPA of Total Assets is $ 240,000 The Retained Earnings using CPPA should be represented as: @ a $20,000 @b: $23.077 D$18,667 d. $24,615 Nev LG F10 F11 F12