Compete the Statement of Retained Earnings linking the numbers in the Adjusted Trial Balance column of the Trial Balance worksheet and the Multi-Step Income Statement.

Juras Equipment, Inc. Statement of Retained Earnings For the Year Ended December 31, 2021 Retained earnings, January 1, [ENTER YEAR] Plus: Less: Retained earnings, January 31, [ENTER YEAR] [ENTER COMPANY NAME] Worksheet [ENTER TIMEFRAME] Adjustments Dr. Cr. 325 3,500 17,500 Unadjusted Trial Balance Account Dr. Cr. Cash 19,925 Common Stock 8,550 Notes Payable 7,250 Office Equipment 2,750 Rent Expense 500 Prepaid Rent 2,500 Office Supplies 475 Accounts Payable 11,000 Merchandise Inventory Purchases 17,500 Sales 21,400 7 Accounts Recievable 0 3 Cost of Goods Sold Insurance Expense 200 Prepaid Insurance 1,600 1 Advertising Expense 1,100 2 Wages Expense 5,400 3 Unearned Revenue 4,200 4 Wages Payable 5 Utilities Expense 350 6 Supplies Expense 7 Dividends 100 8 Interest Expense 9 Interest Payable o Depreciation Expense-Office Equip. 1 Accumulated Depreciation- Office Eqip. 2 Totals 52,400 52,400 Adjusted Trial Balance Dr. Cr. 19,925 8,550 7,250 2,750 500 2,500 150 11,000 3,500 0 21,400 0 14,000 200 1,600 1,100 5,670 4,200 70 350 325 100 17 17 42 42 52,729 52,529 14,000 270 270 325 17 17 42 42 18,154 18,154 Juras Equipment, Inc. Income Statement For the Year Ended December 31, 2021 Sales Less: Cost of Goods Sold Gross profit $21,400 (14,000) $7,400 Operating Expenses: Rent Expense Insurance Expense Advertising Expense Wages Expense Utilities Expense Supplies Expense Depreciation Exp.- Office Equp. $500 $200 $1,100 $5,670 $350 $325 $42 $8,187 -$787 Total operating expenses Income from operations Other expenses and losses Interest Expense Net income (loss) -$17 ($804)