Bucky Badger had the following partial trial balance as of (…
Bucky Badger had the following partial trial balance as of (for the year ended) December 31, 2024: Retained Earnings (1/1/2024) 45,000 Equipment 20,000 Accounts Payable 5,000 Depreciation Expense 3,000 Prepaid Expense 7,000 Cost of Goods Sold 15,000 Accumulated Depreciation 8,000 Sales Revenue 25,000 Freight Out 2,000 Dividends 4,000 What is the correct balance in Retained Earnings for Bucky Badger as of December 31, 2024?