The McCarthy Company has the following adjusted trial balance as of December 31, 2017: Ac

The McCarthy Company has the following adjusted trial balance as of December 31, 2017: Ac

The McCarthy Company has the following adjusted trial balance as of December 31, 2017:

Account

Debit

Credit

Cash

$800

Accounts Receivable

1000

Inventory

2200

Supplies

1800

Prepaid Rent

600

Land

6300

Building

39,500

Accumulated Depreciation

$8,500

Accounts Payable

7,500

Unearned Revenue

4,100

Notes Payable, due 2020

2,300

Common Stock

6,600

Retained Earnings

3,100

Service Revenue

33,000

Rent Expense

2,300

Supplies Expense

1,200

Salaries Expense

6,400

Depreciation Expense

1,400

Utilities Expense

1,600

Totals

$65,100

$65,100

What is the Retained Earnings balance at December 31, 2017?

Account	Debit	Credit
Cash	$800
Accounts Receivable	1000
Inventory	2200
Supplies	1800
Prepaid Rent	600
Land	6300
Building	39,500
Accumulated Depreciation		$8,500
Accounts Payable		7,500
Unearned Revenue		4,100
Notes Payable, due 2020		2,300
Common Stock		6,600
Retained Earnings		3,100
Service Revenue		33,000
Rent Expense	2,300
Supplies Expense	1,200
Salaries Expense	6,400
Depreciation Expense	1,400
Utilities Expense	1,600
Totals	$65,100	$65,100