The accounts for Island Steel Inc. are listed below (in alphabetical order). All amounts are as at October 31, 2020 except for Retained Earnings, which is as at October 31, 2019. Note: All adjustments have been journalized and posted but the closing entries have not been made.

Accounts payable	$5,100
Accounts receivable	6,600
Accumulated depreciation - furniture	11,600
Advertising expense	2,200
Cash	10000
Depreciation expense	1,300
Dividends	47,400
Furniture	41,400
Interest expense	800
Note payable, long-term	10,600
Other assets	3,600
Retained earnings, October 31, 2019	8000
Salary expense	24,600
Salary payable	3,900
Service revenue	93,500
Share capital	15,000
Supplies	7,700
Supplies expense	5,700
Unearned service revenue	3,600

Required: What is the ending balance of Retained Earnings for the company as at October 31, 2020?