The trial balance of Barger Company at the end of the accounting period, immediately prior to recording closing entries, showed the following: Debit Credit Cash Land Notes payable 36,000 70,000 39,400 Common stock 29,000 Retained earnings 13,000 Service revenue 76,000 Expenses Dividends. Total 48,400 3,000 $157,400 $157,400 What will the balance of the retained earnings account be after the closing entries are recorded?