At the beginning of April, Owl Corporation has a balance of $12,600 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, $8,100 3. Provide services to customers in exchange for cash, $2,800. 4. Purchase equipment and pay cash, $7.200. 5. Pay rent for April, $1,200. 6. Pay employee salaries for April, $3,100. 7. Pay dividends to stockholders,$1,800. Required: Using the external transactions above, compute the balance of Retained Earmings at April 30. (Decreases should be entered as a negative.) Transaction Retained earnings, April1 1 Issue common stock for cash, $10,000 2 Provide services to customers on account, $8,100 3 Provide services to custormers In exchange for cash, $2800 4. Purchase equipment and pay cash, $7,200 $12,600 Pay rent for April, $1,200 Pay employee salaries for April, $3,100 7 Pay dividends to stockholders, $1,800 Retained earnings, April 30