Catest Exam 10 Ch 13 Nebon Company experienced the following transactions during Year 1, its first year in operation Issued $9,200 of common stock to stockholders Provided $5,500 of services on account Paid $2,400 cash for operating expenses .Collected $3,500 of cash from accounts receivable Paid a $260 cash dividend to stockholders What is the amount of retained earnings that will be shown on the company's balance sheet prepared as of December 31, Year T Multiple Choice $12.040 $2.840 $3300 $2.260 DOLL