Pope's Garage had the following accounts and amounts in its financial statements on December 31, 2019. Assume that all balance sheet items reflect account balances at December 31, 2019, and that all income statement items reflect activities that occurred during the year then ended. Accounts receivable Depreciation expense Land Cost of goods sold Retained earnings Cash Equipment Supplies Accounts payable Service revenue $ 30,200 11,300 25,900 90,000 65,400 10,500 69,500 5,600 22,200 24,800 Interest expense 3,400 Common stock 6,000 Income tax expense 14,877 Accumulated depreciation 42,000 Long-term debt 37,000 Supplies expense 14,000 Merchandise inventory 30,900 Net sales 149,000 Required: a. Calculate the total current assets at December 31, 2019. b. Calculate the total liabilities and stockholders' equity at December 31, 2019. c. Calculate the earnings from operations (operating income) for the year ended December 31, 2019. d. Calculate the net income (or loss) for the year ended December 31, 2019. e. What was the average income tax rate for Pope's Garage for 2019? f. If $16,500 of dividends had been declared and paid during the year, what was the January 1, 2019, balance of retained earnings? a. Total current assets b. Total liabilities and stockholders' equity C. Operating income d. e. Average income tax rate f. Retained earnings %