Question: What are the Retained Earnings?
Equipment 43,780
Advertising expense 3,155
Rent expense 3,400
Accounts payable 5,600
Office supplies 2,625
Accounts receivable 18,440
Common stock 45,000
Retained earnings 28,690
Cash 39,810
Salaries expense 12,500
Notes payable 53,675
Service revenue 23,510
Utilities expense 1,275
Furniture 22,140
Investments 15,800
Interest revenue 6,450