Using the information below, compute ending retained earnings.

Additional Paid-in Capital, Common $ 9,000

Accounts Payable 1,100

Total Expenses 7,800

Preferred Stock, at par 1,750

Common Stock, at par 400

Sales 10,000

Treasury Stock 250

Dividends 700

Retained Earnings (beginning) 2,000

Additional Paid-in Capital, Preferred 50

		$11,500
		$4,200
		$3,250
		$12,000
		$3,500