Create a Statement of Retained Earnings using the following information:

Retained Earnings, Jan

$1$

$2$

$0$

$0$

$4$

: $

$1$

$6$

$1$

$9$

$2$

$2$

Net Income After Taxes: $

$1$

$0$

$8$

$9$

$7$

$7$

Cost of Goods Sold:

$2$

$0$

$0$

$0$

$9$

$8$

Operating Expenses: $

$2$

$0$

$9$

$3$

$5$

$9$

Cash Dividends: $

$0$

Gross Profit: $

$3$

$2$

$5$

$5$

$9$

$2$

Operating Income: $

$1$

$1$

$6$

$2$

$3$

$3$