ylds the following account balances reported on its financial statements on December 31, 2019. In addition, the company did not issue any common stock during 2019. All accounts on financial statements have been adjusted and reported. Equipment (net) $550 Deferred revenue 125 Salaries expense 60 Depreciation for the year 95 Common stock 60 Supplies 100 Notes payable 180 Service revenue 315 90 Dividend paid during the year 15 Retained earnings ? Cash Required: Please choose the best answer for the following three questions based on the above information What is the net income reported in 2019? $240 $95 O $160 $145 What is the balance of total assets on December 31, 2019? $645 O $805 O $865 $740 What is the balance of retained earnings on December 31, 2019