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 $$9,700$

The starting balance of Inventory is $$3,800$

The starting balance of Retained Earnings is $$23,600$

$1.$ Sell product for $$30$ in cash with historical cost of $$24$

$2.$ Sell, deliver, and receive payment of $$40$ for service

$3.$ Consume good or service and pay expense of $$2$

What is the final amount in Retained Earnings?

Note: No unit adjustments are necessary.