Pizza Express Incorporated began the Year 2 accounting period with $9,500 cash, $7,000 of common stock, and $2,500 of retained earnings. Pizza Express was affected by the following accounting events during Year 2: Purchased $11,000 of supplies on account. Earned and collected $23,000 of cash revenue. Paid $9,500 cash on accounts payable. Adjusted the records to reflect the use of supplies. A physical count indicated that $2,600 of supplies was still on hand on December 31, Year 2