Shown below is an adjusted trial balance for Novelty Toys, Incorporated, on December 31, Year 1: Novelty Toys, Incorporated Adjusted Trial Balance December 31, Year 1 Debit Credit Cash $ 15,200 Accounts Receivable 12,600 Office Equipment 21,900 Accumulated Depreciation $ 5,700 Accounts Payable 7,600 Capital Stock 22,200 Retained Earnings -0- Dividends 7,200 Fees Earned 44,000 Salaries Expense 15,400 Advertising Expense 3,100 Depreciation Expense 4,100 Totals $ 79,500 $ 79,500 After closing the accounts, Retained Earnings at December 31 equals: Multiple Choice