Use this end-of-period spreadsheet to answer the question that follow.

Finley Company End-of-Period Spreadsheet For the Year Ended December 31

Adjusted Trial Balance Income Statement Balance Sheet

Account Title	Debit	Credit	Debit	Credit	Debit	Credit
Cash	16,000				16,000
Accounts Receivable	6,000				6,000
Supplies	2,000				2,000
Equipment	19,000				19,000
Accumulated Depr.		6,000				6,000
Accounts Payable		10,000				10,000
Wages Payable		2,000				2,000
Common Stock		5,000				5,000
Retained Earnings		8,506				8,506
Dividends	1,000				1,000
Fees Earned		43,324		43,324
Wages Expense	20,314		20,314
Rent Expense	6,333		6,333
Depreciation Expense	4,183		4,183
Sub Total	74,830	74,830	30,830	43,324	44,000	31,506
Net Income			12,494			12,494
Total			43,324	43,324	44,000	44,000

The ending balance of retained earnings is

a.$13,506

b.$12,494

c.$20,000

d.$0

Question Content Area

Use the adjusted trial balance for Stockton Company to answer the question that follows.

Stockton Company Adjusted Trial Balance December 31

Line Item Description	Amount	Amount
Cash	5,852
Accounts Receivable	2,340
Prepaid Expenses	681
Equipment	13,374
Accumulated Depreciation		7,059
Accounts Payable		1,650
Notes Payable		4,537
Common Stock		1,000
Retained Earnings		6,305
Dividends	988
Fees Earned		6,739
Wages Expense	2,633
Rent Expense	749
Utilities Expense	340
Depreciation Expense	221
Miscellaneous Expense	112
Total	27,290	27,290

Determine the current assets.

a.$15,188

b.$7,305

c.$8,873

d.$27,290