During 2021, Nance Company eamed revenues of $154 million. (Click the icon to view additional information.) Read the requirements. Revenue: Revenue Expenses: Salary expense Rent expense Utilities expense Total expenses $ 29 15 21 (millions) $ 154 65 S 89 More info Nance incurred, during that same year, salary expense of $29 million, rent expense of $15 million, and utilities expense of $21 million. Nance declared and paid dividends of $11 million during the year. At December 31, 2021, Nance had cash of $145 million, accounts receivable of $45 million, property and equipment of $37 million, and other long-term assets of $24 million. At December 31, 2021, the company owed accounts payable of $65 million and had a long-term note payable of $31 million. Nance began 2021 with a balance in retained earnings of $71 million. At December 31, 2021, Nance had total stockholders' equity of $155 million, which consisted of common stock and retained earnings. Nance has a year-end of December 31. Print Done Net income (loss) Requirement 2. Prepare the statement of retained earnings (with a proper heading) for 2021. (Enter all amounts in millions. Include a subtotal after the "Add" line of the statement.) Nance Company Statement of Retained Earnings Add: Subtotal Less: December 31, 2021 (millions) -