Computing Retained Earnings and Net Income The following selected balance sheet amounts are from Aerialine as of December 31, 2020 Selected Balance Sheet Amounts Assets Liabilities Cash 528.000 Accounts payable 59.000 Accounts receivable 10.000 Note payable 20.000 Supplies 7.600 Stoholdets equity Equipment 50.000 Common stock 20 000 Paid in capital in sopar 10.000 Required Computertained earrings of December 11, 2020, Muming retained earning is the only missing Category in the sected and she amounts above Determine income assuming that the balance and cannonay 1, 2020, was es decured during 2020 were $9,000 and no other items affected retained during 2020