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Business, 07.10.2019 17:10 meganwintergirl

Based on the following adjusted trial balance: peak corporation adjusted trial balance as of december 31, 2018 debit credit cash $ 800 accounts receivable 200 inventory 2,500 building 30,000 accumulated depreciation $ 3,000 notes payable 500 common stock 21,000 retained earnings 5,000 dividends 1,000 revenues 7,000 selling and administrative expense 1,000 insurance expense 1,000 $ 36,500 $ 36,500 determine the amount that will be reported as retained earnings on the post-closing trial balance. group of answer choices

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