Inc. had beginning retained earnings of $ 140 comma 000 on January ?1, 2024. During the? year, McDonald declared and paid $ 90 comma 000 of cash dividends and earned $ 60 comma 000 of net income. Prepare a statement of retained earnings for McDonald?, Inc. for the year ending December ?31, 2024. Question content area bottom Part 1 Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. McDonald, Inc. Statement of Retained Earnings Year Ended December 31, 2024