Required information The following information applies to the questions displayed below) At the beginning of Year 2. Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 29,380 17,300 12,900 20,500 13.200 The following events apply to Oak Consulting for Year 2: 1. Provided $73.800 of services on account. 2. Incurred $2,500 of operating expenses on account 3. Collected $47.300 of accounts receivable, 4. Paid $33,500 cash for salaries expense. 5. Paid $13,860 cash as a partial payment on accounts payable, 6. Paid a $9,100 cash dividend to the stockholders. e. What is the amount of change in retained earnings for the year? Answer is complete but not entirely correct. Change in retained earnings $ 24,600