USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS $31-35$

Financial data for Peach Tree Boutique is given below. All figures are in dollars. Use this data to

construct a Balance Sheet for the company for the year ending December $31,2023$ and use your

constructed statement to answer the following $5$ questions $($i$.$e$.,31$ through $35).$ NOTE: Not every item

in the list below belongs on the balance sheet $-$ you have to use some given data to determine needed

accounts for the balance sheet. However, other than what is listed and$/$or can be derived, there are no

other accounts on the company's balance sheet $-$ use cash as a plug figure to balance the balance

sheet.

What did Peach Tree Boutique record as Total Current Assets on December $31,2023$ balance

sheet?

What did Peach Tree Boutique record as Total Current Liabilities on December $31,2023$ balance

sheet?

What did Peach Tree Boutique record as Total Assets on December $31,2023$ balance sheet?

What was Total Shareholder's Equity on Peach Tree Boutique December $31,2023$ balance

sheet?

Peach Tree Boutique reported net income for $2023$ of $$362,200$ and the company paid dividends of

$$1\mathrm{.}25$ per share in $2023.$ Given this information $($along with the data provided above$),$ compute what

Peach Tree Boutique reported as retained earnings on its December $31,2022$ balance sheet?

$($Assume that no additional shares of stock were issued between December $31,2022$ and December

$31,2023).$