The December 31, Year 4 balance sheet for Adams Corporation is presented here. These are the only accounts on Adams's balance sheet Amounts indicated by question marks (7) can be calculated using the following additional Information XOANS CORPORATION Dalance sheet As of December 31. Year Assets Cash $ 25,000 Accounta receivable (net) Inventory Property, plant, and equipment (net) 294.000 5432,000 Liabilities and Stockholdere quity accounts payable (trade) 2 Income taxes payable (current) 25,000 Long-term debt Common stock 300,000 Retained earnings $ 2 Additional Information Current ratio at year end) Total liabilities - Total stockholders' equity Gross margin percentage Inventory turnover (cost of goods sold + Ending inventory) Cross margin for Year 4 1.5 to 1.0 800 301 10.5 times $315,000 Required a. Compute the balance in trade accounts payable as of December 31, Year 4. b. Compute the balance in retained earnings as of December 31, Year 4. c. Compute the balance in the inventory account as of December 31, Year 4. (Assume that the level of Inventory did not change from last year) (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.) Accounts payable b. Retained earnings Inventory