The balance sheet items of Kiner Company as of December 31, current year, follow in ran $ Land Accounts payable Accounts receivable Cash $ 90,000 50,000 50,000 40,000 Office equipment Building Capital stock Notes payable Retained earnings 13,000 240,000 75,000 220,000 01:39.58 a. Compute the amount for Retained earnings. b. Prepare a balance sheet for the company. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a balance sheet for the company. KINER COMPANY Balance Sheet December 31. Current Year Liabilities & Owners' Equity Assets Liabilities: Total liabilities Owners equity Total