The following accounts and balances were drawn from the records of Hoover Company on December 31, 2013:

Cash	$1,600		Accounts Receivable	$1,000
Dividends	800		Common Stock	1,275
Land	1,100		Revenue	1,100
Accounts Payable	600		Expense	700

The amount of retained earnings as of January 1, 2014 was:

	$1,825.
	$1,425.
	$2,225.
	$2,700.