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Exercise 11-18 (Static) Preparing a statement of retained earnings LO C3 Prepare a statement of retained earnings for Tidal Co. for the year ended December

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Exercise 11-18 (Static) Preparing a statement of retained earnings LO C3 Prepare a statement of retained earnings for Tidal Co. for the year ended December 31, 2020, using the following data. (Amounts to be deducted should be indicated by a minus sign.) Cash dividends declared and paid in 2020 Retained earnings at December 31, 2019 Net Income in 2020 $ 8,000 60,000 33,000 Tidal Co Statement of Retained Earnings For Year Ended December 31, 2020

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