Exercise 2-13 (Algo) Calculate retained earnings LO 2-2, 2-3 Retained earnings, December 31, 2021 Cost of buildings purchased during 2022 Net loss for the year ended December 31, 2022 Dividends declared and paid in 2022 Increase in cash balance from January 1, 2022 to December 31, 2022 Increase in long-term debt in 2022 Required: $ 313,700 30,000 4,600 13,500 12,400 13,200 From the above data, calculate the retained earnings balance as of December 31, 2022. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. Statement of Stockholders' Equity (Partial) For Year Ended December 31, 2022 Retained earnings, December 31, 2021 Less: Net loss Less: Dividends Retained earnings, December 31, 2022 $ 313,700