As of December 31, 2017, Armani Companys financial records show the following items and amounts.

Cash		$	10,400
Accounts receivable			9,400
Supplies			6,400
Equipment			5,400
Accounts payable			10,700
Common stock			14,500
Retained earnings, Dec. 31, 2016			4,400
Retained earnings, Dec. 31, 2017			6,400
Dividends			13,400
Consulting revenue			33,800
Rental revenue			22,800
Salaries expense			20,400
Rent expense			12,400
Selling and administrative expenses			8,400

Required:

Prepare a year-end statement of retained earnings for Armani Company.

Required: Prepare a year-end balance sheet for Armani Company.