Comparative statements of retained earnings for Renn-Dever Corporation were reported in its 2018 annual report as follows RENN-DEVER CORPORATION the Years Ended Decerdecnts of Retained Earnings 2017 7,811452 $ 5,696.552 5,864,552 2016 Balance at beginning of year Net income (loss) Deductions: 3,448,7002, 340,9ee (168,eee) Stock dividend (35, see shares) Common shares retired (124,888 shares Common stock cash dividends 248,500 248,800 919,956 Balance at end of year s9291702 $7011.452 $ 5,696,552 At December 31, 2015. common shares consisted of the following Common stock, 1,865,000 shares at $1 pan Paid-in capital-excess of par $1865 ee 746,980 Required: Infer from the reports the events and transactions that affected Renn-Dever Corporation's retained earnings during 201642017, and 2018. Prepare the journal entries that refiect those events and transactions. (if no entry is required for a tronsaction/event, select "'No journal entry required" in the first account field.)