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ABC Company had the following balances at the beginning of the accounting period: Common Stock $4,200 Retained Earnings $1,090 ABC Company had the following transactions

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ABC Company had the following balances at the beginning of the accounting period: Common Stock $4,200 Retained Earnings $1,090 ABC Company had the following transactions during the accounting period: (assume all transactions are cash transactions) Issued Common Stock $630 Paid Cash Dividends $500 Sold Land $800 Incurred Operating Expenses $1,900 Paid Principal on Note Payable $500 Performed Services for Customers $2,500 What value would be reported on the Statement of Changes in Stockholders' Equity for the ending Retained Earnings balance for this accounting period? $2320 51.190 51.690 51.820

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