The trial balance for Lee Beer, Inc., listed following account balances at December 31, 2018, the end of its fiscal year: cash, $25,000; accounts receivable, $12,000; inventories, $22,000; equipment (net), $70,000; accounts payable, $14,000; wages payable, $9,000; interest payable, $11,000; notes payable (due in 18 months), $25,000; Common Stock $50,000. Determine the year-end balance in retained earnings for Lee Beer, Inc