QUESTION 13 The following account balance Information is available for XYZ ca presenting all account shown on itsment of financial position as of December 31, 20X7 $3,000,000 Accounts receivable $4.000.000 Marketable securities $2.500.000 Prepaid insurance $300,000 Equipment () 58,000,000 Current abilities (total) 54.100.000 Long-term abiities (al) 59,000,000 Common stock 52 000 000 Retained earnings 2 What is XYZ CO's retained earings balance on December 31, 20X72 O $2.700.000 Ob 55.700.000 O 511,700.000 Od 16.000.000 QUESTION 14 As of December 31, 2016. ABC Co had total owners equity of $5,000,000 and total abilities of $7.000.000 During 2016. ABC Co had total revenues of 59,000,000 and total expenses of $3,400.000 As of December 31, 2016, what were ABC Costotal assets? O. 55.600.000 Ob 12.000.000 $12.000.000 $12.400.000 Od Click Save and submit to me and bit. Click Save All Anno alla 0