Frosty Inc. has the following balances on December 31 prior to closing entries: Revenues $41,200 Retained Earnings, Jan. 1 9,600 Cash 7,100 Expenses 25.000 Accounts Payable 2,200 Dividends 1,100 Supplies 19,800 Based upon the balances above, what net adjustment would be made to Retained Earnings due to closing entries? Numeric Response