Given the following list of account balances and the beginning Retained Earnings balance of $25,000, compute the ending balance for Retained Earnings.
Account
Account Balance
Sales Revenue
$ 15,000
Dividends
1,300
Accounts Receivable
2,100
Supplies Expense
600
Interest Payable
400
Dividend Revenue
1,100
Interest Expense
800
Cost of Goods Sold
8,200
