The Winkel Company had Retained Earnings of $10,000 on 1/1/20. The only paid-in capital account existing was due to Common Stock issued. The company properly recorded these transactions in 2020: Winkel 12/31/20 Retained Earnings is:

Select one:

a.

$12,800

b.

$12,300

c.

$9,800

d.

$8,300

e.

$8,800