Pine Corporation Select Financial Information Balance Sheet Information as of December 31, 2019: Total Assets Total Liabilities $ 10,000,000 6,000,000 Common Stock APIC 10,000 $ 1,490,000 During 2020, Pine Corporation had the following activity: Sales $ 6,000,000 COGS 3,000,000 Selling and Administrative Expenses 1,500,000 Tax Expense 400,000 Declared Common Dividends of $ 50,000 Answer the following questions based on the above information: (b) (3 points) Calculate the December 31, 2020 Retained Earnings Balance for Pine Corporation. Totalmente