Question 31 (2 points) Tammy Ltd. gathered the following information as of the end of its first year in operation, May 31, 2020: Accounts payable Accounts receivable Cash Common shares Dividends Interest expense Note payable $9,600 Rent expense 3,200 Salary expense 13,800 Unearned revenue 15,000 Service revenue 6,200 Prepaid expense 1,200 Truck 21,000 Utilities expense $6,500 19,400 1,300 45,500 2,500 34,600 5,000 What will be the value of Retained Earnings for Tammy Ltd. for the year ended May 31, 2020? 1) $7,200 2) $6,000 3) $8,500 3 4) $4,700 Question 32 (3 points) Saved Kyla Inc. gathered together the follo