Petras Company engaged in the following transactions during 2012, its first year in operations: (Assume all transactions are cash transactions) 1) Acquired $1,650 cash from the issue of common stock. 2) Borrowed $1,120 from a bank. 3) Earned $1,300 of revenues. 4) Paid expenses of $390. 5) Paid a $190 dividend. During 2013, Petras engaged in the following transactions: (Assume all transactions are cash transactions) 1) Issued an additional $1,025 of common stock. 2) Repaid $710 of its debt to the bank. 3) Earned revenues of $1,450. 4) Incurred expenses of $640. 5) Paid dividends of $240. The amount of retained earnings on Petras's 2013 balance sheet is