Metlock, Inc. began operations on January 1, 2022. The following information is available for Metlock, Inc. on December 31, 2022.

Accounts payable		$ 4,800		Notes payable		$ 6,720
Accounts receivable		1,920		Rent expense		9,600
Advertising expense		3,840		Retained earnings		?
Cash		2,976		Service revenue		24,000
Common stock		14,400		Supplies		1,824
Dividends		2,400		Supplies expense		1,632
Equipment		25,728