Use the following to answer questions 20-26 The following account balances appear in the 20x0 year end adjusted trial balance of TIM Corporation: Cash $48,000 Accounts Receivable 69,000 Supplies 4,000 Equipment 1,500,000 Accumulated depreciation 200,000 Accounts payable 36,000 Notes payable 300,000 Common stock 600,000 Retained earings 301,000 Dividends 70,000 Service revenue 789,000 Salaries expense 431,000 Supplies expense 18,000 Rent expense 20,000 Depreciation expense 50,000 Miscellaneous expense 16,000 20. $ Determine total expenses for the year 21.5 Determine net income for the year 22.5 23.5 Determine ending retained earnings for the year Determine ending total stockholders' equity for the year Determine total Current Assets at the end of the year Determine Total Assets at the end of the year 245 25.5 25. Should Dividends be closed at year end