Need help with question 15.

Data Table - Bradford Auto Repair had the following account balances after adjustments. Assume all accounts had norma : (Click the icon to view the account balances.) 14. Prepare the closing entries for Bradford at December 31. 15. What is the balance of Retained Earnings after closing entries have been recorded? (Use a T-account to Date Accounts and Explanation Debit Credit Clos. (1) Service Revenue 1,400 Income Summary 1,400 Cash $ 2,430 $ 24,000 Accounts Receivable 3,600 12,430 2,400 3.300 2,500 1,400 35,600 Common Stock Retained Earnings, January 1 Dividends Service Revenue Depreciation Expense-Equipment Salaries Expense Rent Expense Utilities Expense Supplies Expense 400 Prepaid Rent Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Notes Payable (long-term) To close revenues 1,400 500 5.100 400 Next we will close the expense accounts Date Accounts and Explanation 8,000 400 Debit Credit 800 Clos. (2) 2,500 400 Income Summary Depreciation Expense-Equipment Salaries Expense Rent Expense 500 Print Done 400 Choose from any list or enter any number in the input fields and then continue to the next question. Bradford Auto Repair had the following account balances after adjustments. Assume all accounts had normal balances. 5 Click the icon to view the account balances.) 14. Prepare the closing entries for Bradford at December 31, 15. What is the balance of Retained Earnings after closing entries have been recorded? (Use a T-account to determine the balance.) Date Accounts and Explanation Debit Credit Clos. (4) Retained Earnings 2,500 Dividends 2.500 To close dividends. 15. What is the balance of Retained Earnings after closing entries have been recorded? (Use a T-account to determine the balance.) Use "Clos." and the corresponding number as shown in the journal entry as posting references"Clos (1)", "Clos.(2)", etc. The adjusted balance of this account has been entered for you. Post any closing entries to this account and then calculate the post-closing balance ("Bal.") of the account. Retained Earnings 12,430 Bal. Bal. Bal. Choose from any list or enter any number in the input fields and then continue to the next