Brand Company shares the following incomplete Income Summary T account related to the 20X1 Pear-end closing entries (Brand only prepares closing entries once per year at year-end). As you can see in the below Taccount, closing entry (i) and (ii) are included but entry (iii) is missing. If Brand started 20X1 with $10,000 in retained earnings and during 20X1 declared $4,000 of dividends what value will the company report on its balance sheet at 12/31/20x1 for retained earnings? Income Summary () 48,000.00 (1) 77,000.00 () $35,000 $39,000 O $6,000 $(23,000) $29,000