The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 2: Cash Dividends Land Accounts payable $ 3,400 Accounts receivable 1,700 Common stock 2,000 Revenue 1,050 Expense $ 1,450 2,175 2,000 1,150 What is the amount of retained earnings that will be shown on the balance sheet at December 31. Year 2