Use the information in Problem 1-3B to prepare a year-end statement of retained earnings for Audi Company.

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Cash.... $2,000 Accounts receivable .. 1,800 Supplies... 1,200 Equipment.. 1,000 Accounts payable... Common stock ..... Retained earnings, Dec. 31, 2017. Retained earnings, Dec. 31, 2018.... 3,700 1,100 800 1,200 Dividends ... 2,600 Consulting revenue 6,600 Rental revenue.. 4,400 Salaries expense. 4,000 Rent expense . 2,400 Selling and administrative expenses. 1,600