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Using the information below, compute ending retained earnings. Additional Paid-in Capital, Common $ 9,000 Accounts Payable 1,100 Total Expenses 7,800 Preferred Stock, at par 1,750

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Using the information below, compute ending retained earnings. Additional Paid-in Capital, Common $ 9,000 Accounts Payable 1,100 Total Expenses 7,800 Preferred Stock, at par 1,750 Common Stock, at par 400 Sales 10,000 Treasury Stock 250 Dividends 700 Retained Earnings (beginning) 2,000 Additional Paid-in Capital, Preferred 50 $11,500 $4,200 $3,250 $12,000 $3,500

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