How is retained earnings impacted by the following two transactions (at the point of the transaction):

Transaction 1: Sold 10 shoes on account for $20 @ per shoe. The company uses the FIFO method. The inventory the company had on hand was as follows: Beg. Invt: 15 shoes at $5; Next purchase 8 shoes at $8; Next purchase 10 shoes at $9

Impact on retained earnings: $

Transaction 2: Recorded $5 of bad debt related to the sale above.

Impact on retained earnings: $

Note on the formatting:

If the account decrease put a - in front of your number and if it increases by a + in front of your number. No spaces or $.

For example: If retained earnings increases put: +1,000 if it decreases put: -1,000