Gold Ltd had the following equity accounts at 1 July 2014: Share capital (210,000 shares) $420,000 General reserve 30,200 Retained earnings 21,800 During the year ended 30 June 2015, the following occurred: 1. A profit of $42,800 was generated. 2. $8,600 was transferred to the general reserve. 3. An interim dividend of 4c per share was declared and paid. 4. A final dividend of 6c per share was declared. Required Prepare a statement of the changes in retained earnings. (List items that increase retained earnings first.) Gold Ltd Statement of changes in retained earnings for the year ended 30 June 2015 $