QUESTION 9 Linda's Lights balance sheet info for the beginning of 2020 Owners' Equity 27 million Bank Loan 10 million, 45% interest rate Fixed Assets 10 million Inventory 23 million Cash 4 million Here are info for 2020 Purchased 220 thousand lamps for $100 each, sold them for $125 each Incurred additional operating costs of $2 million Purchased 5 trucks for $100,000 each Profits tax 15% Dividend payout ratio 30% Q. What are Retained Earnings? Please show your calculation process to get partial credits For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Igs Paragraph Arial 14px HIT