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Consider the balance sheet for Carson Plumbing on December 31, 2017: They had cash and marketable securities of $49,430.00, accounts receivable of $89,735.00, inventory of
Consider the balance sheet for Carson Plumbing on December 31, 2017: They had cash and marketable securities of $49,430.00, accounts receivable of $89,735.00, inventory of $59,570.00, and net fixed assets of $196,900.00. It also had accounts payable of $39,920.00, notes payable of $34,460.00, long-term debt of $164,210.00, and common stock of $64,650.00. For the balance sheet to be correct, what must the level of retained earnings be? Submit Answer format: Currency: Round to: 0 decimal places
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