Presented below is information related to Williams and Douglas, Attorneys at Law. Retained earnings, January 1, 2014

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Presented below is information related to Williams and Douglas, Attorneys at Law.

Retained earnings, January 1, 2014 Legal service revenue—2014 Total expenses—2014 Assets, January 1, 2014 Liabilities, January 1, 2014 Assets, December 31, 2014 Liabilities, December 31, 2014 Dividends—2014 Instructions

$ 23,000 340,000 211,000 85,000 62,000 168,000 80,000 64,000 Prepare the 2014 retained earnings statement for Williams and Douglas, Attorneys at Law.

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