moment #1 Che Required information The following information applies to the questions displayed below. The following selected accounts and account balances were taken from the records of Nowell Company. Except as otherwise indicated, all balances are as of December 31, 2018, before the closing entries were recorded. Consulting revenue Cash Cash received from common stock issued during 2017 Travel expense Dividends Cash flow from investing activities Rent expense Payment to reduce debt principal Retained earnings, January 1, 2018 Salary expense Cash flow from operating activities Common stock, December 31, 2018 Other operating expenses $ 9,800 7,889 3,380 750 1,789 3,000 1,450 24,000 14,709 2,700 2,550 9,389 1,600 C-1. Determine the Retained Earnings account balance at December 31, 2018. Retained earnings 3-2. Which of the following statement(s) is true? (You may select more than one answer. the box with the question mark to produce a check mark for a correct answer and the box with the question mark to empty the box for a wrong