At January 1, 2022, the assets of Fitchlee Company were $1.030,000 and liabilities were $740,000. The balance in common stock was $150,000. During 2022, Fitchlee earned revenue of $190,000 and had expenses of $110,000. Dividends of $50,000 were paid during the year. The company also purchased equipment in exchange for a $35,000 note payable. Prepare a retained earnings statement in good form. (List items that increase retained earnings first.) FITCHLEE COMPANY Retained Earnings Statement For the Month Ended December 31, 2022 V $ $ e Textbook and Media Assistance Used Save for Later Last saved 11 minutes ago. Attempts: 0 of 3 used Submit