Flower Arrangements has just completed operations for the year ended December 31, 2024 This is the third year of operations for the company The following data have been assembled for the business (Click the icon to view the assembled data of Flower Arrangements Click the icon to view the income statement) Prepare the statement of retained earnings of Flower Arrangements for the year endal December 31 2024 Enter any increases in retained eamings prior to the subtotal and any decreases to retained earnings below the subtotal Flower Arrangements Statement of Retained Earnings Year Ended December 31, 2024 Retained Earning. January 1 2024 Kitid unt Rito Eating December 31 202 Data table -X $ 40.000 14.400 Insurance Expense Service Revenue Utilities Expense Rent Expense Common Stock 1.000 74.000 600 14,000 10 500 4.400 4.900 Salaries Expense Accounts Payable Office Supplies Dividends Accounts Receivable Equipment 2 200 4.600 5000 32.000 Cash Retained Earnings January 1, 2024