A company's ledger accounts and their end-of-period balances before closing entries are posted are shown below. What amount will be posted to Retained earnings in the process of closing the Income Summary account? (Assume all accounts have normal balances.)

Retained earnings	$	5,000
Dividends		7,000
Revenue		20,000
Rent expense		2,000
Salaries expense		4,800
Insurance expense		225
Depr. Expense-equipment		300
Accum depr.-equipment		900