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Channary Company has the following account balances: Retained earnings balance, January 1 $99,800 Common stock 70,950 Dividends 20,650 Service revenue 117,924 Unearned revenue 12,986 Rent

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Channary Company has the following account balances: Retained earnings balance, January 1 $99,800 Common stock 70,950 Dividends 20,650 Service revenue 117,924 Unearned revenue 12,986 Rent expense 18,000 Salaries expense 22,625 What is Channary Company's ending retained earnings balance at December 31st? $156,449 $169,435 $56,649 0 $69,635

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