Service Revenue 12,000 Question 15 (4 points) Ashley's Accessory Shop started the year with total assets of $70,000, total liabilities of $40,000, and common stock of $25,000. During the year the business recorded $110,000 in revenues, $55,000 in expenses, and dividends of $20,000. Retained earnings at the end of the year was O $60,000 O $40,000 O $65,000 O $35,000 Question 16 (4 points) The ledger of Mariah Company reports that Assets are $80,000, Liabilities are $36,000, and Retained Eamings are $12,000. What is the balance in the Common Stock account