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 $ 15,300 Accounts Receivable 12,650 Office Equipment 22,100 Accumulated Depreciation $ 5,800 Accounts Payable 7,650 Capital Stock 22,300 Retained Earnings -0- Dividends 7,300 Fees Earned 44,500 Salaries Expense 15,600 Advertising Expense 3,150 Depreciation Expense 4,150 Totals $ 80,250 $ 80,250 After closing the accounts, Retained Earnings at December 31 equals: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