(2 pts) The following accounts and balances are taken from Brown Company's adjusted trial balance: Accounts Payable $10,000 Accounts Receivable 3,000 Accumulated Depreciation 1,400 Depreciation Expense 1,500 Dividends 2,400 Insurance Expense 2,300 1,240 2,320 10,500 24,100 37,800 Interest Revenue Prepaid Insurance Retained Earnings Salary Expense Service Revenue After the closing entries are posted, what is the balance of Retained Earnings? Workout your solution.