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he trial balance for K and J Nursery, Incorporated, listed the following account balances at December 31, 2024, the end of its fiscal ear: cash,

image text in transcribed he trial balance for K and J Nursery, Incorporated, listed the following account balances at December 31, 2024, the end of its fiscal ear: cash, $35,000; accounts receivable, $30,000; inventory, $44,000; equipment (net), $99,000; accounts payable, $33,000; salaries ayable, $14,500; interest payable, $10,500; notes payable (due in 18 months), $49,000; common stock, $88,000. etermine the year-end balance in retained earnings for K and J Nursery, Incorporated. Answer is complete but not entirely correct

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