Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) Accounts payable and accrued liabilities Income taxes payable Deferred income tax liability Common stock Additional paid-in capital Retained earnings, 1/1/25 Net sales and other revenues Costs and expenses Income tax expense $875,000 2,695,000 2,085,000 8,269,000 $ 1,761,000 654,000 85,000 6) Karr Enterprises reports the following information for 2026: com> ... > Career development 2,350,000 3,680,000 3,490,000 13,560,000 11,180,000 476,000 $25.580,000 $25,580,000 Other financial data for the year ended December 31, 2025: Accounts receivable includes $1,200,000 due from a customer and payable in quarterly installments of $150,000. The last payment is due December 29, 2025. During the year, estimated tax payments of $525,000 were charged to income tax expense. The current and future tax rate on all types of income is 30%. In Reese's December 31, 2025 balance sheet, the ending retained earnings balance is B) $5,394,000. A) $5,309,000. C) $5,870,000. D) $3,490,000.

Other financial data for the year ended December 31, 2025: - Accounts receivable includes $1,200,000 due from a customer and payable in quarterly installments of $150,000. The last payment is due December 29, 2025. - During the year, estimated tax payments of $525,000 were charged to income tax expense. The current and future tax rate on all types of income is 30%. In Reese's December 31, 2025 balance sheet, the ending retained earnings balance is A) $5,309,000. B) $5,394,000. C) $5,870,000. D) $3,490,000. 6) Karr Enterprises reports the following information for 2026 : Other financial data for the year ended December 31, 2025: - Accounts receivable includes $1,200,000 due from a customer and payable in quarterly installments of $150,000. The last payment is due December 29,2025 . - During the year, estimated tax payments of $525,000 were charged to income tax expense. The current and future tax rate on all types of income is 30%. In Reese's December 31, 2025 balance sheet, the ending retained earnings balance is A) $5,309,000. B) $5,394,000. C) $5,870,000. D) $3,490,000. 6) Karr Enterprises reports the following information for 2026 : 6) Other financial data for the year ended December 31, 2025: - Accounts receivable includes $1,200,000 due from a customer and payable in quarterly installments of $150,000. The last payment is due December 29, 2025. - During the year, estimated tax payments of $525,000 were charged to income tax expense. The current and future tax rate on all types of income is 30%. In Reese's December 31, 2025 balance sheet, the ending retained earnings balance is A) $5,309,000. B) $5,394,000. C) $5,870,000. D) $3,490,000. 6) Karr Enterprises reports the following information for 2026 : Other financial data for the year ended December 31, 2025: - Accounts receivable includes $1,200,000 due from a customer and payable in quarterly installments of $150,000. The last payment is due December 29,2025 . - During the year, estimated tax payments of $525,000 were charged to income tax expense. The current and future tax rate on all types of income is 30%. In Reese's December 31, 2025 balance sheet, the ending retained earnings balance is A) $5,309,000. B) $5,394,000. C) $5,870,000. D) $3,490,000. 6) Karr Enterprises reports the following information for 2026 : 6)