The December 31, 2019, balance sheet for Adams Corporation is presented here. These are the only accounts on Adams's balance sheet. Amounts indicated by question marks (?) can be calculated using the following additional information ADAMS CORPORATION Balance Sheet As of December 31, 2019 Assets Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) $ 25,006 294,000 $432,00e Liabilities and Stockholders' Equity Accounts payable (trade) Income taxes payable (current) Long-term debt Common stock Retained earnings 25,e00 300,000 Additional Information Current ratio (at year end) Total liabilitiesTotal stockholders' equity Gross margin percentage Inventory turnover (Cost of goods sold Ending inventory) Gross margin for 2019 1.5 to 1.0 80% 30% 10.5 times $315,000 Required a. Compute the balance in trade accounts payable as of December 31, 2019 b. Compute the balance in retained earnings as of December 31, 2019 c. Compute the balance in the inventory account as of December 31, 2019. (Assume that the level of inventory did not change from last ear (For all requirements, negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) a. Accounts payable b. Retained earnings c. Inventory S 67,000