At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts. Account Balance Cash Accounts receivable Accounts payable Common stock Retained earnings $28,300 16,300 12,700 18,300 13,600 The following events apply to Oak Consulting for Year 2: 1. Provided $68,900 of services on account. 2. Incurred $3,200 of operating expenses on account. 3. Collected $48,800 of accounts receivable. 4. Paid $30,300 cash for salaries expense. 5. Paid $14,310 cash as a partial payment on accounts payable. 6. Paid a $8,600 cash dividend to the stockholders.