For the year ended December 31, Year 2	For the year ended December 31, Year 1
Revenues	$ 10,500	$ 500
Expenses	$ 1,500	$_________
Net Income	$________	$_________

	December 31, Year 2	December 31, Year 1
Assets	$ 16,500	$ 1,000
Liabilities	$_________	$ 500
Common Stock	$ 300	$ 300
Retained Earnings	1.$________	$ 200

Assume Year 1 is the company's first year of business and there were no dividends in Year 1 or Year 2. After determining the missing amounts ($______) in the above financial statements, calculate and type in the December 31, Year 2 Retained Earnings 1.$_________.

DO NOT INCLUDE $ IN YOUR ANSWER