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Did I make the statement of retained earnings for this project correct? Also, dividends declared is 1,000 but payable january 15 next year. Was correct

Did I make the statement of retained earnings for this project correct? Also, dividends declared is 1,000 but payable january 15 next year. Was correct that I added them now?

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From project that I made in quickbooks; image text in transcribed

Paula's Plumbing, Inc. Statement of Retained Earnings 3 For The Month Ending December 31, 2017 4 Retained earnings, December 1, 2017 5 Add: Net Income $0 $8,800.00 $1,000.00 8 Retained earnings, December 31, 2017$7,800.00 7 Less: Dividends

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