The general ledger of the Karlin Company, a consulting company, at January $1,2024,$ contained the following account balances:

$\backslash$table$[[$Account Title,Debits,Credits$],[$Cash$,$$$29,000,],[$Accounts receivable,$17,500,],[$Equipment$,30,000,],[$Accumulated depreciation,,$9,000],[$Salaries payable,,$9,750],[$Common stock,,$48,500],[$Retained earnings,$9,250,],[$Total$,$$$76,500,$$$76,500$