Norris Company experienced the following transactions during 2013, its first year in operation. 1. Issued $6,000 of common stock to stockholders. 2. Provided $2,300 of services on account. 3. Paid $1,600 cash for operating expenses. 4. Collected $1,900 of cash from accounts receivable. 5. Paid a $100 cash dividend to stockholders. The amount of retained earnings appearing on Norris Company's December 31, 2013 balance sheet is:

		$500.
		$600.
		$700.
		$6,600.