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At the beginning of April, a company has a balance of $12,700 in the Retained Earnings account. During the month of April, the company had

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At the beginning of April, a company has a balance of $12,700 in the Retained Earnings account. During the month of April, the company had the following external transactions. Required: Using the external transactions below, compute the balance of Retained Earnings at April 30. (Decreases should be entered as a negative.) Balance $ 12,700 Transaction Retained earnings, April 1 1. Issue common stock for cash, $11,000. 2. Provide services to customers on account, $8,200. 3. Provide services to customers in exchange for cash. $2,900. 4. Purchase equipment and pay cash, $7,300 5. Pay rent for April, $1,100. 6. Pay employee salaries for April, $3,200. 7. Pay dividends to stockholders, $1,850. Retained earnings, April 30

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