What is answer about Retained earnings? ( I need to explain)

Cash Required Information Use the following Information for Exercises 17-18 below. (Algo) (The following information applies to the questions displayed below.) The following adjusted year-end trial balance at December 31 of Wilson Trucking Company. Account Title Debit Credit $ 8.000 Accounts receivable 16.500 Office supplies 2.000 Trucks 160.000 Accumulated depreciation-Trucks $ 32.960 Land 75.000 Accounts payable 12.000 Interest payable 3.000 Long-term notes payable 52.000 Common stock 20.897 Retained earnings 137.500 Dividends 19.000 Trucking revenue 124.500 Depreciation expense-Trucks 21.259 Salaries expense 58.391 Office supplies expense 12.000 Repairs expense-Trucks 10.707 Totals $382.857 $382.857 Exercise 3-18 (Algo) Preparing a classified balance sheet LO C2 Use the above adjusted trial balance to prepare Wilson Trucking Company's classified balance sheet as of December 31. The Retained Earnings account balance was $137,500 at December 31 of the prior year. WILSON TRUCKING COMPANY Balance Sheet December 31 Assets S Current assets Cash Accounts receivable Office supplies 8,000 16,500 2.000 S 26,500 S 160,000 32.960 127,040 75,000 Total current assets Plant assets Trucks Accumulated depreciationTrucks Land Total plant assets Total assets Liabilities Current liabilities Accounts payable Interest payable 202.040 228,540 S S > 12,000 3,000 15,000 Total current liabilities Long-term liabilities Long-term notes payable 52,000 Total liabilities 67,000 Equity Common stock Retained earnings 20,897 137,500 X Total equity 158,397 Total liabilities and equity S 225,397 *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted