Fill in the blank options;

1. Dividends/ Fees/ Net Income/ Retained Earnings, June 1st 2017/ Retained Earnings May 31st, 2018

2. Cash/ Change in retained earnings/ Net income/ Retained Earnings, June 1st 2017/ Retained Earnings May 31st, 2018

3. Dividends/ Fees earned/ Retained Earnings, June 1st 2017/ Retained Earnings May 31st, 2018

4. Change in retained earnings/ Net income/ Net Loss/ Stockholder investment

5. Dividends/ Fees/ Net Income/ Retained Earnings, June 1st 2017/ Retained Earnings May 31st, 2018

Retained Earnings Statement The revenues and expenses of Paradise Travel Service for the year ended May 31, 2018, are listed below. $733,960 Fees earned Office expense 168,810 Miscellaneous expense 14,680 Wages expense 352,300 Prepare a retained earnings statement for the year ended May 31, 2018. Everett McCauley invested an additional $40,000 in the business in exchange for common stock, and $27,900 of dividends were paid during the year. Retained earnings as of June 1, 2017, were $198,000 Paradise Travel Service Retained Earnings Statement For the Year Ended May 31, 2018 $