Can you please help me with this question

For the year ended December 31, 2021, Pearl City Farms Limited, a private company, reported net income of $335,920. The company declared dividends of $119,600 and paid $41,600 of these dividends during the year. (a) Prepare a statement of retained earnings for the year, assuming the balance in Retained Earnings on January 1, 2021, was $530,400. (List items that increase retained earnings first.) PEARLCITY FARMS LIMITED Statement of Retained Earnings $