entries LO 3-1, 3-2, 3-3, 3-4 (The following information applies to the questions displayed below) At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 31,300 25,000 12, 100 34,000 10,200 The following events apply to pak Consulting for Year 2: 1. Provided $66,200 of services on account 2. Incurred $3.200 of operating expenses on account 3. Collected $49,100 of accounts receivable. 4. Paid $32,200 cash for salaries expense. 5. Paid $13.770 cash as a partial payment on accounts payable. 6. Pald a $8.400 cash dividend to the stockholders. Exercise 3-22A Parte 5 e. What is the amount of change in retained earnings for the year? Change in retained earnings 25,600