company's Retained Earnings as of December 31st

Question 29 ( 8 points) Retake question Ann opened an Office Cleaning Service company on January 1, 2020. During 2020 she had the following transactions. (1) She started the business with investing $30.000 of her own money (business was organized as corporation) (2) She borrowed $40,000 from bank by issuing a 5 year note. (3) She purchased $15,000 of furniture and equipment in cash. (4) She purchased a truck for business use at $20,000 in cash. (5) During the year, provided $90,000 services to customers of which $71.000 was collected, the rest was not yet collected as of Dec. 31 st. (6) During the year, she incurred $58.000 of salaries expense of which $2000 was still not paid as of Dec. 31 st. (7) During the year, she paid $3000 interest on the note to the Bank (8) During the year, she took $3.000 as dividend. (9) During the year, she collected $150 interest from bank on company account (10) During the year, purchased $2000 of supplies in cash. $500 of the supplies was left as of Dec. 31 st. (11) During the last week of the year, she sold $500 of unnecessary equipment in cash at cost. (12) During the last week of the year, she collected $3000 from a customer for services to be rendered next year. (13) Depreciation on equipment for year was estimated to be $2000. (14) During the year, she paid $12000 of rent. (15) During the year, company paid $3000 to IRS fot income tax expense. Compute company's Retained Earnings as of December 31 st. Example of Answer: 4000 (No comma, space, decimal point, on s sigo)