Below Is All of the Account Information from Chamber Company's

Essay

Below is all of the account information from Chamber Company's balance sheet, with the exception of Retained Earnings.
$\begin{array}{lr}\text { Cash } & \$ 13,000 \\\text { Inventory } & 16,000 \\\text { Equipment } & 51,000 \\\text { Accounts Payable } & 17,000 \\\text { Long-term Payable } & 10,000 \\\text { Contributed capital } & 30,000\end{array}$
Using this information, please calculate the following:
A. The total amount of retained earnings for Chamber Company.
B. The total amount of shareholders' equity for the company at the end in the year.