Your firm posted the following results for the years 2039 and 2040. What amount will appear for Retained Earnings on your firms balance sheet as of year end 2040? Note that some items might not be needed. Answer to the nearest dollar. Cost of Good Sold for 2040: 300,000 Current Assets as of 2040 year end: 188,000 Depreciation for 2040: 51,000 Dividends to Shareholders for 2040: 31,000 Inventory as of 2039 year end: 72,000 Inventory as of 2040 year end: 77,000 Net income for 2039: 70,000 Net income for 2040: 96,000 Retained earnings as of 2039 year end: 545,000 Sales for 2039: 870,000 Sales for 2040: 912,000 Taxes (% of taxable income)= 26% Total Assets as of 2040 year end: 952,000.