The adjusted trial balance of Tahoe Company at the end of the accounting year, December 31, 2016, showed the following: Account Titles Adjusted Trial Balance Debits Credits Cash $20,000 Machinery 90,000 Accumulated depreciation $16,000 Accounts payable 7,000 Capital stock 20,000 Retained earnings 59,000 Service revenue 40,000 Interest expense 4,000 Operating expenses 17,000 Depreciation expense 11,000 Total $142,000 $142,000 Required: B. Calculate the 2016 ending balance in retained earnings.

$67,000

Explanation:

Retained Earnings = Opening Balance + Profit for the Year - Dividends

where,

Profit for the Year = Sales -  Expenses

                              = $40,000 - (4,000 + 17,000 + 11,000)

                              = $8,000

therefore,

Retained Earnings = $59,000 + $8,000 = $67,000

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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answerpounds of plastic to purchase 200+60-20=(240);