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ducation.com/ext/map/indexhtml?.con-conexternal browser=0&launchUd=http%253 newconnect.mheducation.com 521/activity/questi 0 Retained earnings, December 31, 2018 Cost of equipment purchased during 2019 Het loss for the year ended December 31, 2019

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ducation.com/ext/map/indexhtml?.con-conexternal browser=0&launchUd=http%253 newconnect.mheducation.com 521/activity/questi 0 Retained earnings, December 31, 2018 Cost of equipment purchased during 2019 Het loss for the year ended December 31, 2019 Dividends declared and paid in 2019 Decrease in cash balance from January 1, 2019 to December 31, 2019 Decrease in long-tere debt in 2019 $623,600 61,000 9.00 37.000 27,200 29,600 Required: From the above data, calculate the retained earnings balance as of December 31, 2019 (Enter decreases with a minus sign to indicate a negative financial statement effect.) Statement of Stockholders' Equity (Partial For Year Ended December 31, 2019 ducation.com/ext/map/indexhtml?.con-conexternal browser=0&launchUd=http%253 newconnect.mheducation.com 521/activity/questi 0 Retained earnings, December 31, 2018 Cost of equipment purchased during 2019 Het loss for the year ended December 31, 2019 Dividends declared and paid in 2019 Decrease in cash balance from January 1, 2019 to December 31, 2019 Decrease in long-tere debt in 2019 $623,600 61,000 9.00 37.000 27,200 29,600 Required: From the above data, calculate the retained earnings balance as of December 31, 2019 (Enter decreases with a minus sign to indicate a negative financial statement effect.) Statement of Stockholders' Equity (Partial For Year Ended December 31, 2019

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