For the year ended December 31, 2024, Ison Inc. reported profit and declared and paid cash dividends. Information from Ison's accounting records for the year ended December 31, 2024 is presented here. Profit during the year Cash dividends declared Cash dividends paid Retained Earnings on December 31, 2023 $ 125,000 80,000 65,000 219,000 Prepare a statement of retained earnings for the year ending December 31, 2024.