The following amounts represent totals from the first three years of operations. Calculate the balance of Retained Earnings at the end of 2024.
2022 2023 2024
Net Income (loss) $1,200 $(500) $2,300
Net Cash Flows $500 $300 $2,000
Dividends $200 $0 $200
Issuance of Stock $2,000 $0 $0
a. $3,100
b. $3,500
c. $2,600
d. $4,600
