Blake Knudson owns and operates Grab Bag Delivery Services. On January 1, 2018, Retained Earnings had a balance of $620,500. During the year, Blake invested an additional $38,000 in exchange for common stock, and $17,500 of dividends were paid. For the year ended December 31, 2018, Grab Bag Delvery Services reported a net income of $23,050. Prepare a retained earnings statement for the year anded December 31, 2018. a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Peter to the list of Labels and Amount Descriptions for the exact wording of the answer choices for toxtantries. Be sure to complete the heading or the statement