Question 7 3 pts Use your knowledge of balance sheets, what is the retained earnings in the text below? Please type your answer in the box below (just type the number without decimals). ASSETS LIABILITIES Cash $ 50,000 Accounts payable $ 12,000 Accounts receivable 80,000 Notes payable 50,000 Inventory 100,000 Total current liabilities $ Total current assets $ Long-term debt 218,000 Gross P&E 730,000 Total liabilities $ Less accumulated Common stock 100,000 depreciation 130,000 Paid-in capital 250,000 Net P&E $ Retained earnings $ Total assets Total liabilities and equity $