Instructions The balances of Paradise Travel Service's accounting equation items for the year ended May 31, 2016, are listed below. $14,400 of dividends were paid during the year. Retained earnings as of June 1, 20Y5, was $355,000. Accounts Fees earned $745,500 Office expense 295,000 Miscellaneous expense 10,100 Wages expense 450,000 Accounts payable 44,600 Accounts receivable 74,000 Cash 44,600 Common Mock 74 500