Complete statement of retained earnings and balance sheet

Fast Deliveries, Inc. (FDI), was organized in December last year and had limited activity last year. The resulting balance sheet at the beginning of the current year is provided below: FAST DELIVERIES, INC. Balance Sheet at January 1 Assets Liabilities: Cash Accounts Receivable Supplies $11,900 Accounts Payable 700 820 Stockholders' Equitys 650 Common Stock Retained Earninga 11,830 840 Total Assets $13,370 Ttal Liabilities and Stockholders Equity $13,370 Two employees have been hired, at a monthly salary of $2,100 each. The following transactions occurred during January of the current year