Hello, I'm a bit uncertain on how to fill out this retained earnings statement as well as how to label. Your help is greatly appreciated, and thank you again!

Climate Control Systems Co. offers its services to residents in the Spokane area. Selected accounts from the ledger of Climate Control Systems for the fiscal year ended December 31, 2018, are as follows: Retained Earnings Dec. 31 160,000 Jan. 1 (2018) 4,150,800 Dec. 31 700,000 Dividends Mar. 31 40,000 Dec. 31 160,000 June 30 40,000 Sept. 30 40,000 Dec. 31 40,000 Income Summary Dec. 31 4,530,000 Dec. 31 5,230,000 Dec. 31 700,000 Prepare a retained earnings statement for the year. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Climate Control Systems Co. Retained Earnings Statement (Label) 1 Retained earnings, January 1, 2018 2 Net income $3,990,80 3 Dividends (160,000 4 Change in retained earnings 5 Retained earnings, December 31, 2018 Point: Climate Control Systems Co. Score: 39/53 Retained Earnings Statement (Label) y 1, 2018 $4,150,800.00 $3,990,800.00 (160.000.00) ngs mber 31, 2018 Points 8.09/11