(10 points) Aaron Daniel owns and operates Reach It Baseball Batting Cages Company. On January 1, 2008, Aaron Daniel, the balance in capital stock was $100,000 and retained earnings had a balance of S212,000 During the year Aaron invested an additional $20,000 and the company paid cash dividends of $35,000. For the year ended December 31, 2008, Reach It Baseball Batting Cages reported a net income of $56,780. Prepare a statement of retained earnings for the year ended December 31, 2008