At the beginning of April, Owl Corporation has a balance of $12,100 in the Retained Earnings account. During the month of April, Owl had the following external transactions. 1. Issue common stock for cash, $11,000. 2. Provide services to customers on account, $7,600 3. Provide services to customers in exchange for cash, $2,300. 4. Purchase equipment and pay cash, $6,700 5. Pay rent for April, $1,100 6. Pay employee salaries for April, $2,600 7. Pay dividends to stockholders, $1,550 Required: Using the external transactions above, compute the balance of Retained Earnings at April 30. (Decreases should be entered as a negative.) Transaction Balance Retained earnings, April 1 1. Issue common stock for cash, $11,000. 2. Provide services to customers on account, $7,600. 3. Provide services to customers in exchange for cash, $2,300. 4 Purchase equipment and pay cash, $6,700 5. Pay rent for April, $1,100. 6. Pay employee salaries for April, $2,600 7. Pay dividends to stockholders, $1,550. Retained earnings, April 30 S 12,100