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 $14,700 The starting balance of Inventory is $3,800 The starting balance of Retained Earnings is $22,900

1. Sell product for $35 in cash with historical cost of $28 2. Sell, deliver, and receive payment of $20 for service 3. Consume good or service and pay expense of $3

What is the final amount in Retained Earnings?