The following selected accounts and account balances were taken from the records of Nowell Company. Except as otherwise indicated, all balances are as of December 31, 2018, before the closing entries were recorded. Consulting revenue$10,700
Cash 7,000
Cash received from common stock issued during 2017 3,700
Travel expense 500
Dividends 1,100
Cash flow from investing activities 2,500
Rent expense 1,300
Payment to reduce debt principal 17,400
Retained earnings, January 1, 2018 14,700
Salary expense 3,300
Cash flow from operating activities 2,550
Common stock, December 31, 2018 11,600
Other operating expenses 2,300
What is retained earnings?
I apparently can't figure out net income :(