Brief Exercise 4-11 Partial adjusted trial balance for Pharoah Company at December 31, 2017, includes the following accounts: Retained Earnings $17,400, Dividends $5,400, Service Revenue $37,400, Salaries and Wages Expense $14,200, Insurance Expense $1,830, Rent Expense $3,900, Supplies Expense $1,460, and Depreciation Expense $980. The balance in Retained Earnings is the bace as of January 1 Prepare a retained earnings statement for the year assurming net income is $10,400. (List items that increase retained earnings first.) PHAROAH COMPANY Retained Earnings Statement