Current Attempt in Progress Wildhorse was reviewing his company's activities at the end of the year (2022) and decided to prepare a retained earnings statement. At the beginning of the year his assets were $580,000, liabilities were $136,000, and common stock was $112,000. The net income for the year was $335,000. Dividends of $230,000 were paid during the year. Prepare a retained earnings statement in good form. (List items that increase retained earnings first.) WILDHORSE COMPANY Retained Earnings Statement 4