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The company's total assets are $39,000. 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 $39,000. 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 $7,600 8,000 1,600 25,000 10,000 Unknown Common Stock Cash Retained Earnings Unknown Required: a. Determine the balance of the Cash account. Cash b. Determine the balance of the Retained Earnings account. Retained Earnings

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