During the current year, Austin Enterprise shareholders invested $9,000 in the business. Assume the Austin's retained earning at the beginning of the year was $125,000, Based on the following end-of-year data, prepare a Retained Earning Statement for Austin Enterprises for the year ended December 31. Austin Enterprises Selected Financial Data For the Year Ended December 31 Adjusted Trial Balance Account Title Debit Credit Cash 26,500 Accounts Receivable 7,000 1,000 Supplies Equipment 18,500 Accumulated Depr.Equip. 5,000 Accounts Payable 11,000 1,000 Wages Payable Common Stock 6,000 Dividends Fees Earned 59,500 Wages Expense 19,000 Rent Expense 7,000 Depreciation Expense 3,500