\begin{tabular}{lr} Retained earnings (beginning of year) & $32,560 \\ Utilities expense & 2,100 \\ Equipment & 67,560 \\ Accounts payable & 21,760 \\ Cash & 12,620 \\ Salaries and wages payable & 7,260 \\ Common stock & 12,000 \\ Dividends & 12,000 \\ Service revenue & 71,290 \\ Prepaid insurance & 7,760 \\ Maintenance and repairs expense & 1,700 \\ Depreciation expense & 3,210 \\ Accounts receivable & 15,160 \\ Insurance expense & 2,590 \\ Salaries and wages expense & 40,290 \\ Accumulated depreciation-equipment & 20,120 \\ \hline \end{tabular} Prepare a retained earnings statement for the year ended Dec RIVERBED CORPORATION Retained Earnings Statement