Norris Company Experienced the Following Transactions During 2013, Its First

Norris Company experienced the following transactions during 2013, its first year in operation.
1) Issued $6,000 of common stock to stockholders.
2) Provided $2,300 of services on account.
3) Paid $1,600 cash for operating expenses.
4) Collected $1,900 of cash from accounts receivable.
5) Paid a $100 cash dividend to stockholders.
The amount of retained earnings appearing on Norris Company's December 31, 2013 balance sheet is:

A) $500.
B) $600.
C) $700.
D) $6,600.