IKS submits the following data from the post-closing trial balance for fiscal year 2021. Insurance payable 15 000 Accumulated depreciation - plant 34 200 Inventory of goods 32 000 Prepaid advertising 15 000 Customers 36 000 Retained earnings ? Cash on hand 70 000 Bank loan 135 000 Share capital 145 000 Plant 250 000 Deferred revenue 3 200

All account balances are normal. Retained earnings are : Options from question 17:

145 000 $

105 000 $

108 200 $

70 600 $