Refer to the following adjusted trial balance after the first year of operations. Credit Debit $1,900 - 200 2,000 20.300 Accounts Cash Accounts Receivable Office Supplies Prepaid Insurance Expense Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Common Stock - Dividends Sales Revenue Salaries Expense Cost of Goods Sold Supplies Expense Depreciation Expense Total $2.000 1,000 850 400 3,600 3,000 55,150 23,000 1,500 500 1.700 $63.000 $63.000 What will the balance of the Retained Earnings account be after the closing entries are posted? $25.450 $28.450 $31.450 $32,050