1-75B (Algorithmic) Statements of Retained Earnings The table below presents the statements of retained earnings for Labelle Corporation for 3 successive years. Certain numbers are missing. Required: Use your understanding of the relationship between successive statements of retained earnings to calculate the missing values. 2020 Retained earnings, beginning Add: Net income 2021 $18,725 11,100 2022 $26,060 9,500 $26,125 Less: Dividends (7,400) (5,200) Retained earnings, ending $34,100