What is the correct answer for Retained Earnings?

The adjusted trial balance of Chris Cooper Co. as of December 31, 2020, contains the following. CHRIS COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2020 Debit Credit Cash $20,122 Accounts Receivable 7,570 Prepaid Rent 2,930 Equipment 18,700 Accumulated Depreciation-Equipment $5,545 Notes Payable 6,350 Accounts Payable 6,122 Common Stock 20,650 Retained Earnings 11,960 Dividends 3,650 Service Revenue 12,240 Salaries and Wages Expense 7,490 Rent Expense 2,210 Depreciation Expense 195 Interest Expense 133 Interest Payable 133 $63,000 $63,000 Prepare an income statement. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) CHRIS COOPER CO. Income Statement For the Year Ended December 31, 2020 Revenues Revenues . Service Revenue 12,240 Expenses Salaries and Wages Expense lages Expense $ 7,490 i Rent Expense Acceptable correct answers also include: Depreciation Expense -133 Interest Expense 133 i Total Expenses 10028 i 10028i 2212 Net Income /(Loss) $ Prepare a statement of retained earnings. (List items that increase retained earnings first.) CHRIS COOPER CO. Statement of Retained Earnings For the Year Ended December 31, 2020 A Retained Earnings, January 1 | $ 11,960 11,960 Add 4: Add 4 Net Income /(Loss) 2212 14172 Les Less 2 : Dividends Dividends 3650 i Retained Earnings, December 314 10522 Prepare a classified balance sheet. (List current assets in order of liquidity.) CHRIS COOPER CO. Balance Sheet December 31, 2020 Assets Current Assets Cash 20,122 Accounts Receivable 7570 Prepaid Rent 2930 Total Current Assets 30,622 Property, Plant and Equipment Equipment 18,700 18,700 Less Accumulated Depreciation-Equipment 5,545 i 13,155 Total Assets 43,777 Liabilities and Stockholders' Equity Current Liabilities Accounts Payable $ 6,122 Notes Payable 6350 Interest Payable 133 Total Current Liabilities 12605 Stockholders' Equity Common Stock 20,650 Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity | 43,777