TB MC QuStatic Warren Enterprises had the following events...
Warren Enterprises had the following events during Year :
The business issued $ of common stock to its stockholders.
The business purchased land for $ cash.
Services were provided to customers for $ cash.
Services were provided to customers for $ on account.
The company borrowed $ from the bank.
Operating expenses of $ were incurred and paid in cash.
Salary expense of $ was accrued.
A dividend of $ was paid to the stockholders of Wtarren Enterprises.
Assuming the company began operations during Year what is the amount of retained earnings as of December Year