Using the information below, compute ending retained earnings. Write your answer in dollars. (Do not write the dollar sign.)

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) 1,000

Additional Paid-in Capital, Preferred 50