During its first five years of operations, Red Raider Consulting reports net income and pays dividends as follows.

Required:

Calculate the balance of retained earnings at the end of each year. Note that retained earnings will always equal $$0$ at the beginning of year $1.$

$\backslash$table$[[$Year$,$Net Income,Dividends,$\backslash$table$[[$Retained$],[$Earnings$]],],[1,$$$,1,700,$$$800,$$