Exercise 13-17 (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. Note: 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 Tidal Company Statement of Retained Earnings For Current Year Ended December 31 $ 8,000 60,000 33,000 $ 0