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$

Date Accounts and Explanation Debit Credit

Mar $9$ Retained Earnings $2$

Cash $2$

Consumed good or service and paid expense with cash

Mar $10$ Cash $40$

Inventory $32$

Retained Earnings $8$

Sold and delivered product to customer

Mar $11$ Cash $25$

Retained Earnings $25$

Sold, delivered, and received payment for service with no clear associated cost

What is the final amount in Retained Earnings?

Note: No unit adjustments are necessary.