At the beginning of April, Owl Corporation has a balance of $12,900 in the Retained Earnings account. During the month of April, Owl had the following external transactions. 1. Issue common stock for cash, $10,000. 2. Provide services to customers on account, $8,400. 3. Provide services to customers in exchange for cash, $3,100. 4. Purchase equipment and pay cash, $7,500. 5. Pay rent for April, $1,200. 6. Pay employee salaries for April, $3,400. 7. Pay dividends to stockholders, $1,950. Required: Using the external transactions above, compute the balance of Retained Earnings at April 30. (Decreases should be entered as a negative.) Balance $ 12,900 Transaction Retained earnings, April 1 1. Issue common stock for cash $10,000 2. Provide services to customers on account, $8,400. 3. Provide services to customers in exchange for cash, $3,100 4. Purchase equipment and pay cash, 57,500. 5. Pay rent for April, $1,200. 6. Pay employee salaries for April, $3,400. 7. Pay dividends to stockholders, $1,950. Retained earnings, April 30