Closing Entries The adjusted trial balance prepared as of December 31, for Cheryl Fontaine & Company, shipping agent, contains the following accounts:

	Debit		Credit
Commission Earned			$85,100
Wages Expense	$36,400
Insurance Expense	2,300
Utilities Expense	8,600
Depreciation Expense	10,200
Dividends	12,200
Common stock			50,200
Retained earnings			22,300

Prepare journal entries to close the accounts directly to Retained Earnings. After these entries are posted, what is the balance in the Retained Earnings account?

I would like to know is Balance in Retained Earnings at December 31 $