The trial balance for K and J Nursery, Incorporated, listed the following account balances at December 31, 2024, the end of its fiscal year: cash, $20,000; accounts receivable, $15,000; inventory, $29,000; equipment (net), $84,000; accounts payable, $18,000; salaries payable, $7,000; interest payable, $3,000; notes payable (due in 18 months), $34,000; common stock, $58,000. Determine the year-end balance in retained earnings for K and J Nursery, Incorporated