[The following information applies to the questions displayed below.] At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: The following events apply to Oak Consulting for Year 2: 1. Provided $66,700 of services on account. 2. Incurred $2,600 of operating expenses on account. 3. Collected $47,600 of accounts receivable. 4. Paid $31,900 cash for salaries expense. 5. Paid $11,520 cash as a partial payment on accounts payable. 6. Paid a $8,700 cash dividend to the stockholders. \& d. Post the beginning balances and the transactions from Parts a and d to the appropriate accounts. Answer is not complete. Required information \begin{tabular}{|l|r|r|r|} \hline \multicolumn{3}{|c|}{ Retained Earnings } \\ \hline \multicolumn{3}{|c|}{ Debit } & \multicolumn{2}{c|}{ Credit } \\ \hline BeginningBalance & & 11,600 & \\ \hline & 8,700 & 66,700 & \\ \hline & 34,500 & 0 & \\ \hline & 0 & 0 & \\ \hline Ending Balance & & 35,100 & \\ \hline & & \end{tabular}