Consider the following account starting balances and transactions involving these accounts. Use T-accounts to record the starting balances and the offsetting entries for the transactions.

The starting balance of Cash is $14,300 The starting balance of Inventory is $5,800 The starting balance of Retained Earnings is $22,900

1. Sell, deliver, and receive payment of $25 for service 2. Consume good or service and pay expense of $1 3. Sell product for $30 in cash with historical cost of $24

What is the final amount in Retained Earnings?

Note: No unit adjustments are necessary.