Accounts Payable Accounts Receivable Aircraft Fuel Expense Cash Common Stock Dividends $4,550 590 8,800 2,980 1,225 25 Equipment Income Tax Expense Interest Expense 14,490 200 140 Landing Fees Expense 3,200 Notes Payable 6,955 Repairs and Maintenance Expense 1,300 Retained Earnings (as of December 31) 6,015 Salaries and Wages Expense 3,295 Supplies Ticket Revenues 685 17,600 2. Prepare a statement of retained earnings for the year ended December 31. TIP: Assume the balance in Retained Earnings was $5,375 (million) at January 1. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10.).) NATIONAL AIRWAYS, Incorporated Statement of Retained Earnings (Amounts in millions) Retained Earnings, January 1 $ 5,375 Retained Earnings, December 31