Instructions: Please prepare a statement of Stockholders' Equity on your scratch paper based on the following Partial Adjusted Trial Balance. Use this Statement of Stockholders' Equity to answer this question and the next question. You will need to know the amounts for ending retained earnings and the new total ending balance for stockholders' equity. Question: Based on the Adjusted Trial Balance and Additional Info shown below, what is the ending balance as of 12/31 for the Retained Earnings column as shown on the Statement of Stockholders' Equity you prepared on your scratch paper? Adjusted Trial Balance As of 12/31/20xx Accounts Account Balance |$25,145 24,500 3.362 Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Accounts Payable Common Stock Retained Earnings Dividends Revenue Sales Discounts Cost of Goods Sold Salaries Expense Interest Expense Income Tax Expense 35,000 10,654 40,120 15,159 5,000 75,000 1,500 40,000 5.000 4.000 3,000 Question:Based on the Adjusted Trial Balance and Additional Info shown below. what is the ending 10002 VEL TO INCLUIC Accounts Inventory |35,000 Accounts Payable 10,654 Common Stock 40,120 Retained Earnings 15,159 Dividends 5,000 Revenue 75,000 Sales Discounts 1,500 Cost of Goods Sold 40,000 Salaries Expense 5.000 Interest Expense 4,000 Income Tax Expense 3.000 Question:Based on the Adjusted Trial Balance and Additional Info shown below, what is the ending balance as of 12/31 for the Retained Earnings column as shown on the Statement of Stockholders' Equity you prepared on your scratch paper? Additional Information: Net Income After-taxes for the Accounting Period equaled $21,500 Beginning Balance of Common Stock on 1/1/20xx $40.120 Beginning Balance of Retained Earnings on 1/1/20xx $15.159 No new stock was issued during the accounting period, Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc.. just enter the raw number. Webcourses will add commas to your answer automatically, For example, if you calculated the answer to be $24,123, you would only input: 24123 Statement of Stockholders' Equity Question: Based on the Statement of Stockholders' Equity you prepared on your scratch paper, what is the Total Stockholders' Equity (total of the ending balances for both common stock and retained earnings) shown on the Statement of Stockholders' Equity you prepared on your scratch paper