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Conner Corporation's adjusted trial balance included the following items:Accounts payable ($65,000), Accounts receivable ($45,000). Capital stock ($100.000), Cash ($50,000), Dividends ($10,000). Goodwill ($47,000), Interest expense
Conner Corporation's adjusted trial balance included the following items:Accounts payable ($65,000), Accounts receivable ($45,000). Capital stock ($100.000), Cash ($50,000), Dividends ($10,000). Goodwill ($47,000), Interest expense ($4,000), Interest payable ($2,000), Inventory ($32.000), Notes payable ($80,000), Prepaid expenses ($5,000), Property, plant & equipment ($123,000). Retained earnings ($46,000). Rent expense ($18,000), Revenues ($101.000), and Salary expense ($60,000). How much is retained earnings to be reported in the balance sheet? Use the editor to format your
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