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These are the simplified financial Statements for Doctorow

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These are the simplified financial Statements for Doctorow Inc.
Income
Statement Current Projected
Sales n/a 20,000
Cost n/a 10,000
Profit before tax n/a 10,000
Taxes n/a 4,000
Net Income n/a 6,000
Dividends n/a 1,500

Balance Sheets Current Projected Current Projected
Current Assets 1,000 1,215 Current Liabilities 700 800
Net Fixed Assets 9,800 10,505 Long-term debt 4000
common Stock 3000
Retained Earnings 1100

What is Doctorow’s projected total retained earnings?

 
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