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Comparative statements of retained eamings for Renn-Dever Corporation were reported in its 2021 annual report as follows. At December 31, 2018, common shares consisted of

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Comparative statements of retained eamings for Renn-Dever Corporation were reported in its 2021 annual report as follows. At December 31, 2018, common shares consisted of the following: Required: Infer from the reports the events and transactions that affected Renn-Dever Corporation's retained earnings during 2019.2020, and 2021. Prepare the journal entries that reflect those events and transactions. (Hint: In lleu of tevenues and expenses, use an account titled "income summary" to close net income or net loss.) (If no ontry is required for o transaction/event, select "No journal entry required" in the first account field.)

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