Shown below is an adjusted trial balance for Cornell Products, Incorporated, on December 31: Credit Cornell Products, Incorporated Adjusted Trial Balance December 31, Year 1 Debit Cash $ 15,050 Accounts Receivable 12,525 office Equipment 21,600 Accumulated Depreciation Accounts Payable Capital Stock Retained Earnings Dividends 7,050 Service Fees Earned Salaries Expense 15, 100 Advertising Expense 3,025 Depreciation Expense 4,025 Totals $ 78,375 $ 5,550 7,525 22,050 -0- 43,250 $ 78, 375 After closing the accounts, Retained Earnings at December 31 equals: After closing the accounts, Retained Earnings at December 31 equals: Multiple Choice $43,250. $21,100 zero $14,050