Presented below is the trial balance of Your Company as of December $31,2022.$ After the closing entries have been recorded, what is the ending balance for retained earnings?

Account Title:

Debit

Credit

Cash

$6,250$

Equipment

$5,000$

Common Stock

$3,000$

Retained Earnings

$3,750$

Revenue

$6,000$

Expenses

$1,500$

Totals

$12,750$

$12,750$

Group of answer choices

$ $8,250.$

$$11,250.$

$ $9,750.$

$$11,200$

$ $7,500.$