Given the Income Statement and the Balance Sheet what is the value of Retained Earnings in Year 3? Total Revenues Less: cost of goods sold Gross Profit Year 1 385,175 146,173 239,002 Year 2 5,316,171 2,380,791 2,935,379 Year 3 19,434,901 8,780, 270 10,654,632 Operating Expense 2,115,111 3,468,350 5,703, 852 Interest Expense Depreciation Investment Income 50,634 444,792 73,659 644,644 99,523 457,977 (2,371,535) (1,251,273) Income Before Taxes Tax Expense Net Income 4,393, 279 223,437 4,169, 843 (2,371,535) (1,251,273) Year 1 Year 2 Year 3 Assets Total Current Assets Total Long Term Assets Total Assets 2,905, 209 2,228, 426 5,133, 635 1,991, 699 1,583,782 3,575, 481 5,907,942 3,275,805 9,183,747 Liabilities Total Current Liabilities Total Long Term Liabilities Total Liabilities 376,865 1,328, 305 1,705, 170 436,288 962,000 1,398, 288 736,266 2,100,446 2,836,712 Equity Stock Issued Retained Earnings 5,800,000 5,800,000 (2,371,535) (3,622, 808) 5,800,000