omework (1LO13-1, 13-2, 13-3,13-4) 9 Required Information Part 5 of 6 At the beginning of Year 2, Oak Consulting had the following normal balances in lts accounts 0 oints s 42,eee 25,e09 8,400 24,e00 34,600 Accounts receivable Accounts payable Common stock Retained earning Book The following events apply to Oak Consulting for Year 2 1. Provided $185.000 of services on account 2 Incurred $45,800 of operating expenses on account 3. Collected $140.000 of accounts receivable 4. Paid $120,000 cash for salaries expense 5. Paid $31,400 cash as a partial payment on accounts payable 6. Pald a $10.000 cosh dividend to the stockhoiders Print e. Whet is the amount of cnenge in retained earnings for the year? n retained