Brief Exercise 4-11 Partial adjusted trial balance for Sheffield Corp. at December 31, 2017, includes the following accounts: Retained Earnings $17,000, Dividends $6,700, Service Revenue $36,300 Salaies and Wages Expense $14,000, Insurance Expense $1,880, Rent Expense $4,080, Supplies Expense $1,440, and Depreciation Expense $900. The balance in Retained Earnings is the balance as of January 1 Prepare a retained earnings statement for the year assuming net income is $10,400. (List items that increase retained earnings first.) SHEFFIELD CORP Retained Eamings Statement December 31, 2017