Partial Income Statement At the End of 2019 Sales revenue $350,200 Cost of goods sold $142000 Fixed costs $43,000 Selling, general, and administrative expenses $27,800 Interest expense $0 Depreciation $45,800 Tax rate 40% Partial Balance Sheet 2018 LIABILITIES $16,100 Notes payable $27,800 Accounts payable $47,900 Long-term debt $367,800 OWNERS' EQUITY $143,000 Accumulated retained earnings $81,900 Common stock ASSETS Cash Accounts receivable Inventories Gross fixed assets Accumulated depreciation Intangible assets $14,200 $18,800 $189,900 $131,900 $11,800 ASSETS Cash and marketable securities Accounts receivable Inventories Gross fixed assets Accumulated depreciation Intangible assets Partial Balance Sheet 2019 LIABILITIES $26,000 Notes payable $19,200 Accounts payable $53,200 Long-term debt $448,200 OWNERS' EQUITY Accumulated retained earnings $82,000 Common stock $24,100 $161,800 $181,900 What is the Accumulated depreciation of 2019? O $129,000 O S100,000 O $188,800 $200,000 QUESTION 2 Based on the partial income statement and balance sheet in Q1, what is the Accumulated retained earnings of 2018 and 2019? (Hint: balance sheet identity) $43,700; $60,200 O $40,400; S50,000 O $47,100; $11,500 O $35,300; $38,500 QUESTION 3 Based on the partial balance sheets for 2018 and 2019 in Q1, what are the Retained earnings in 2019? $60,000 $16,500 O $38,460 $43,700