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The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash Accounts Receivable 5,820 2,900 610 Prepaid Expenses

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The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash Accounts Receivable 5,820 2,900 610 Prepaid Expenses 13,112 Equipment Accumulated Depreciation 8,842 Accounts Payable 1,657 Notes Payable Common Stock 5,038 1,000 3,045 929 8,218 2,930 Retained Earnings Dividends Fees Eamed Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 806 395 232 66 Totals 27,800 27,800 Determine the retained earnings ending balance. a. $27.800 b. $4,045 c. 53,789 d. 85,905 All work saved

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