Danny Hair Stylists Adjusted Trial Balance December 31, 2018 Balance Account Title Credit Cash $ Debit 700 1,000 Accounts Receivable Office Supplies 500 19,300 Equipment Accumulated Depreciation-Equipment 2,500 Accounts Payable 200 Interest Payable 400 Notes Payable 3,400 10,600 Common Stock Dividends 1,500 Service Revenue 15,900 Rent Expense 4,000 Supplies Expense 600 Depreciation Expense-Equipment 2,500 2,900 Interest Expense 33,000 $ 33,000 Total Danny Hair Stylists' adjusted trial balance and income statement follow. Prepare Danny's statement of retained earnings for the year ended December 31, 2018. (Click on the icon to view the adjusted trial balance.) (Click on the icon to view the income statement.) Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. (For amounts with a $0 balance, make sure to enter "0" in the appropriate cell.) Danny Hair Stylists Reference Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 Danny Hair Stylists Income Statement Year Ended December 31, 2018 Retained Eamnings, December 31, 2018 Revenues: Service Revenue $ 15,900 Expenses: Rent Expense Interest Expense Depreciation Expense Equipment 4,000 2,900 2,500 600 Supplies Expense Total Expenses 10,000 5,900 Net Income (Loss)