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The Baldwin Company currently has the following balances on their balance sheet: Total Assets$175,467 Total Liabilities $105,271 Retained Earnings$32,013 Suppose next year the Baldwin Company

The Baldwin Company currently has the following balances on their balance sheet:

Total Assets                        $175,467
Total Liabilities                   $105,271
Retained Earnings            $32,013

 Suppose next year the Baldwin Company generates $44,200 in net profit, pays $12,000 in dividends, total assets increase by $55,000, and total liabilities remain unchanged. What will ending Baldwins balance in Common Stock be next year?



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