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The following accounts and balances were drawn from the records of Hoover Company on December 31, 2013: Accounts Cash $4,400 $1,700 Receivable Dividends 2,200

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The following accounts and balances were drawn from the records of Hoover Company on December 31, 2013: Accounts Cash $4,400 $1,700 Receivable Dividends 2,200 Common Stock 2,675 Land 2,500 Revenue 2,500 Accounts 1,300 Expense 1,400 Payable The amount of retained earnings as of January 1, 2014 was:

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