Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not in At the beginning of April, Owl Corporation has a balance of $11,200 in the Retained Earnings account. During the month of April, Owl had the following external transactions. Required: Using the external transactions below, compute the balance of Retained Earnings at April 30. (Decreases should be entered as a negative.) Answer is complete but not entirely correct. Transaction Balance Retained earnings, April 1 $ 11,200 1. Issue common stock for cash, $10,000 0 2 Provide services to customers on account, $6,700 6,700 3. Provide services to customers in exchange for cash, $1,400. 1,400 4. Purchase equipment and pay cash, $5,800. 0 5. Pay rent for April, $1,200 (1.100) 6. Pay employee salaries for April, $1,700 (1.700) (2.000) 7. Pay dividends to stockholders, $1,100. $ 33,800 Retained earnings, April 30