Consider the following account starting balances and journal transactions involving these accounts.

Use T$-$accounts to record the starting balances and organize the offsetting entries for the transactions.

The starting balance of Cash is $$8,400$

The starting balance of Inventory is $$4,200$

The starting balance of Retained Earnings is $$23,500$

What is the final amount in Retained Earnings?

Note: No unit adjustments are necessary.