Liu Zhang operates Lawson Consulting, which began operations on June 1. The Retained Earnings account balance at June 1 was $0 and the owner invested $16,070 cash in the company on June 1. On June 30, the company's records show the following accounts and amounts for the month of June. Cash $ 8,500 Accounts receivable 5,200 Equipment 7,200 Dividends Service revenue Rent expense $ 2,200 14,100 2,700 Accounts payable 3,630 Wages expense 8,000 Common stock 16,070 Use the above information to prepare a June statement of retained earnings for Lawson Consulting. LAWSON CONSULTING Statement of Retained Earnings For Month Ended June 30 Retained earnings, June 1 Add: Net income $ 0