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Calculate the Retained Earning. Amount Inventory $6,500.00 Selling Expenses $800.00 Cash $20,000.00 Common Stock $150,000.00 Notes Payable $1,200.00 Operating Expenses $1,300.00 Interest Expenses $900.00 Sales

Calculate the Retained Earning.

Amount
Inventory $6,500.00
Selling Expenses $800.00
Cash $20,000.00
Common Stock $150,000.00
Notes Payable $1,200.00
Operating Expenses $1,300.00
Interest Expenses $900.00
Sales $14,000.00
Depreciation Expenses $850.00
Accounts Receivable $9,000.00
Accounts Payable $6,000.00
Cost of Goods Sold $5,000.00
Gross Plant, Property & Equip. $200,000.00
Accumulated Depreciation $45,000.00
Taxes $13,000.00
Retained Earnings ?

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