for part two, where did the number 128000 come from and how did they get the number of 16000 for the retained earning ?

6:13 LTE Answer 1 of 1 Done Question 1 The answer is option C: $144000 Computation of total asset Particular Amount Account receivable 18000 Land 46000 Cash 29000 Building 49000 Supplies 2000 Total assets 144000 Question 2 The answer is option E: $16000 Computation of retained earnings as on 31-12- 2020 Particular Amount Amount Total asset 144000 Less liability and common stock Account payable 16000 Note payable 34000 Total liability (16000+34000) 50000 Common stock 78000 (128000) Retained earnings as on 31-12- 16000 2020