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The company's total assets are $36,500. The following is a listing of the company's accounts and account balances as of December 31. Year 3. This

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The company's total assets are $36,500. The following is a listing of the company's accounts and account balances as of December 31. Year 3. This company doesn't have any other accounts. Accounts Payable Accounts Receivable Supplies Equipment Common Stook Cash Retained Earnings $ 7.100 8.000 1.100 22.500 15,000 Required: a. Determine the balance of the Cash account a5 b. Determine the balance of the Retained Earnings account Retained Earnings

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