The following is the trial balance of ABC Company as of December 31: Debit Credit Cash $12,500 $ 4,500 $3,000 $7,600 Accounts Receivable Accounts Payable Common Stock Retained Earnings Revenues Expenses Totals $5,000 $2,800 $ 1,400 $18.400 $18,400 After closing entries, the Retained Earnings would have a balance of: a. $18,400 b. $9.200 c. $7,800 d. $6,400