ABC Company ended Year 1 with the following account balances: Cash $600. Common Stock $400, and Retained Earnings $200. The following transactions occurred during Year 2: 06 . Issued common stock for $19,000 cash. ABC borrowed an additional $11,000 from Chris Bank. ABC earned $9,000 of revenue on account. . ABC incurred $4,000 of operating expenses on account. Cash collections of accounts receivables were $6.000. ABC provided additional services to customers for $1,000 cash. ABC purchased land for $14,000. ABC used $3,000 in cash to make a partial payment on its accounts payable, ABC declared and paid a $200 dividend to the stockholders On December 31 ABC had accrued salaries of $4,000 . What is the amount of retained earnings that will be shown on the balance sheet prepared at the end of Year 2