The following events apply to Oak Consulting for Year 2: 1. Provided $66,800 of services on account. 2. Incurred $3,000 of operating expenses on account. 3. Collected $49,000 of accounts receivable. 4. Paid $39,100 cash for salaries expense. 5. Paid $11,790 cash as a partial payment on accounts payable. 6. Paid a $9,700 cash dividend to the stockholders. Retained Earnings Dividends Beg Bal Beg. Bal End. Bal Bal Service Ravenue Operating Expenses Beg Bal Beg Bal End. Bal End. Bal Salaries Expense Beg Bal End Bal Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 33,500 22,000 10, 100 34,500 10,900