Given the following information about Pharoah Sporting Goods, Inc., construct a balance sheet for June 30, 2017. On that date the firm had cash and marketable securities of $25,135, accounts receivables of $43,758, inventory of $165,200, net fixed assets of $322,500, and other assets of $13,125. It had accounts payables of $67,855, notes payables of $36,454, long-term debt of $223,000, and common stock of $150,000. How much retained earnings did the firm have? Retained earnings $