Consider the balance sheet for Carson Plumbing on December 31, 2012: They had cash and marketable securities of $49,450.00, accounts receivable of $89,100.00, inventory of $59,860.00, and net fixed assets of $195,225.00. It also had accounts payable of $39,390.00, notes payable of $34,300.00, long-term debt of $164,160.00, and common stock of $64,480.00. For the balance sheet to be correct, what must the level of retained earnings be?