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

Additional Paid-in Capital, Common $ 11,000

Accounts Payable 1,500

Total Expenses 8,700

Preferred Stock, at par 1,600

Common Stock, at par 400

Sales 11,000

Treasury Stock 550

Dividends 500

Retained Earnings (beginning) 1,100

Additional Paid-in Capital, Preferred 150