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How do I find the Less: Dividends part of the retained earnings statement? The dark box is the information provided with the question. Under the

How do I find the Less: Dividends part of the retained earnings statement?
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The dark box is the information provided with the question. Under the white text box is my answer which is the income statement and my started retained earnings statement.
image text in transcribed
11 May, with my that provide info with the Mary 2 w Prothy 2.1 VES Nie mote Marta pamama ONE Man H www TH MAS #1 A CH OU P1.JA (LO SJ On May 1 Nimbus Flying School, a company that provides flying lessons, was started by using common stock in exchange for cash of $45.000 Following are the assets and liabilities of the company on May 31, 2020, and the revenues and expenses for the month of May Cash $ 4,660 Notes Payable 328,000 Accounts Receivable 7.400 Rent Expense 900 Equpment 64.000 Maintenance and Service Revenue 5,800 Repairs Expense 350 Advertising Expense 500 Gasoine Expense 2.500 Accounts Payable 1,400 Uits Expense 400 No additional investments were made in May, but the company paid dividends of $500 during the month Instructions Prepare an income statement and a retained coming statement for the month of May and a balance sheet at May 31 a. Net income $2.150 Total assets 570.050

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