Exercise 11-17 (Static) Preparing a statement of retained earnings LO C3 Prepare a statement of retained earnings for Tidal Company for the current year ended December 31 using the following data. (Amounts to be deducted should be indicated by a minus sign.) Cash dividends declared and paid in current year Retained earnings at December 31 , prior year Net income in current year $8,000 60,000 33,000 Answer is complete but not entirely correct