2 2) Prepare a statement of retained earnings for the year ended December 31,2023 . The Retained earnings 3 balance on January 1 was $108,050. The trial balance of Your Company as of December 31, 2023 is presented below. 2) Prepare a statement of retained earnings for the year ended December 31, 2023. The Retained earnings balance on January 1 was $108,050. \begin{tabular}{|c|c|c|c|} \hline & A & B & C \\ \hline 4 & \multicolumn{3}{|c|}{ Your Company } \\ \hline 5 & \multicolumn{3}{|c|}{ Balance Sheet } \\ \hline 6 & \multicolumn{3}{|c|}{ December 31, 2023} \\ \hline 7 & \multicolumn{3}{|c|}{ Assets } \\ \hline 8 & \multirow{2}{*}{\multicolumn{3}{|c|}{ Current assets }} \\ \hline\( 9 \longdiv { \square } \) & & & \\ \hline \multicolumn{4}{|c|}{10T} \\ \hline \multicolumn{4}{|l|}{11} \\ \hline \multicolumn{4}{|l|}{12} \\ \hline \multicolumn{4}{|l|}{13} \\ \hline 14 & \multicolumn{3}{|l|}{ Total current assets } \\ \hline 15 & \multicolumn{3}{|l|}{ Long-term investments } \\ \hline \multicolumn{4}{|c|}{16} \\ \hline \multicolumn{4}{|l|}{17} \\ \hline 18 & \multicolumn{2}{|l|}{ Total long-term investments } & \\ \hline 19 & \multicolumn{3}{|l|}{ Plant assets } \\ \hline \multicolumn{4}{|c|}{20} \\ \hline \multicolumn{4}{|l|}{21} \\ \hline \multicolumn{4}{|l|}{22} \\ \hline 23 & \multicolumn{3}{|l|}{ Total plant assets } \\ \hline 24 & \multicolumn{3}{|l|}{ Intangible assets } \\ \hline \multicolumn{4}{|c|}{25} \\ \hline 26 & \multicolumn{3}{|l|}{ Total intangible assets } \\ \hline 27 & \multicolumn{3}{|l|}{ Total assets } \\ \hline 28 & \multicolumn{3}{|c|}{ Liabilities } \\ \hline 29 & Current liabilities & & \\ \hline \multicolumn{4}{|c|}{30} \\ \hline \multicolumn{4}{|l|}{31} \\ \hline 32 & Total current liabilities & & \\ \hline 33 & Long-term liabilities & & \\ \hline 34 & & & \\ \hline 35 & Total liabilities & & \\ \hline 36 & Equity & & \\ \hline 37 & 7 & & \\ \hline 38 & Retained earnings & & \\ \hline 39 & Total equity & & \\ \hline 40 & Total liabilities and equity & & \\ \hline 41 & & & \\ \hline 42 & & & \\ \hline \end{tabular} A B C 1) Prepare an income statement for the year ended December 31, 2023. Your Company Income Statement For Year Ended December 31, 2023 7 Revenues: 8 10 11 12 13 14 15 16 Total expenses 17 18 19