help with part b

Question 2 of 5 VIEWronces Current Attempt in Progress The adjusted trial balance of William Cooper Co. as of December 31, 2020, contains the following WILLIAM COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2020 Debit Credit Cash $19.792 Accounts Receivable 7.240 2,600 18,370 $5,215 6,020 5,792 20,320 11,630 Prepaid Rent Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense Interest Payable 3,320 11.910 7.160 2,234 171 109 109 $60,996 $60.996 (b) Prepare a statement of retained earnings. (List items that increase retained earnings first.) a WILLIAM COOPER CO. Statement of Retained Earnings For the Year Ended December 31, 2020 Retained Earnings, January 1. V 11.630 Add V: Net Income /(Loss) I Less: Dividends Retained Earnines, December 31