At the beginning of April, Owl Corporation has a balance of $11,000 in the Retained Earnings account. During the month of April, Owl 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 11,000 Transaction Retained earnings, April 1 Issue common stock for cash. $12,000, 2 Provide services to customers on account, 56,600. Provide services to customers in exchange for cash, $1.200. Purchase equipment and pay cash, 55,600, 5 Pay rent for April, 51,300 6 Pay employee salaries for April, $1.500 7. Pay diidends to stockholders, 51,000, Retained earnings. Apri 30