Check my work Part 5 of 7 Required information (The following information applies to the questions displayed below.) Mint Cleaning Inc. prepared the following unadjusted trial balance at the end of its second year of operations ending December 31. (Assume amounts are reported in thousands of dollars.) points Debit Credit $ 40 eBook 84 $ 0 11 Print Account Titles Cash Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Common Stock Retained Earnings Sales Revenue Insurance Expense Salaries and Wages Expense Supplies Expense Totals Reference 0 $183 $183 Other data not yet recorded at December 31: a. Insurance expired during the year, $7. b. Depreciation expense for the year, $6. c. Salaries and wages payable, $9. d. Income tax expense, $11. Required: Using the above adjusted balances, prepare a statement of retained earnings. (Enter your answers in thousands of dollars.) MINT CLEANING INC. Statement of Retained Earnings For the Year Ended December 31 (in thousands of dollars) Beginning Balance Add: Net Income Less: Dividends Ending Balance Assets Current Assets Cash Accounts Receivable Prepaid Insurance MINT CLEANING INC. Balance Sheet At December 31 (in thousands of dollars) Liabilities Current Liabilities $ 40 Accounts Payable 111 Salaries and Wages Payable 8 Income Tax Payable THI $ 11 $ 59 Total Current Assets Equipment Accumulated Depreciation $ 84 Total Current Liabilities Stockholders' Equity Common Stock Retained Earnings Total Liabilities and Stockholders' 84 Total Assets $ 143 Equity | $ 119