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Below are the restated amounts of net income and retained earings for Volunteers Inc and Raiders Inc. for the period 2012-2021 Volunteers began operations in

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Below are the restated amounts of net income and retained earings for Volunteers Inc and Raiders Inc. for the period 2012-2021 Volunteers began operations in 2013, while Raiders began several years earlier Required: Calculate the balance of retained earnings each year for each company. Neither company paid dividends during this time (Enter your answers in millions (ie, 10,000,000 should be entered as 10). Amounts to be deducted should be indicated by a minus sign.) Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 VOLUNTEERS INC RAIDERS INC is in millions) is in millions) Not Retained Net Retained Income (Loss) Earnings Income (Loss) Earnings $ os 35 5 11 $ 30 (43) (7) 63 41 63 135 102 30 135 (131) 577 70 359 110 350 162 (42)

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