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The following amounts represent totals from Imagination Inc.'s first three years of operations. Net income (loss) Net cash flows Dividends Issuance of stock 2018 $1,200

The following amounts represent totals from Imagination Inc.'s first three years of operations. Net income (loss) Net cash flows Dividends Issuance of stock 2018 $1,200 $600 $800 $3,000 2019 ($700) $200 $0 $0 2020 $2,600 $9,800 $1,400 $5,000 What balance should Imagination report for Retained earnings at the end of 2020

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