Question 3 (1 point) During 2019 Metcalf Corporation had total revenues of $58,500 and total expenses of $51,900. At the end of 2019, they also reported total assets of $2,450,000, total liabilities of $1,845,000, and total stockholders' equity of $605,000. Total stockholder's equity includes common stock of $483,000. What is the balance of Metcalf's retained earnings at December 31, 2019? $51,900 $58,500 $605,000 $122,000