Memorex Arrangements has just completed operations for the year ended December 31, 2024. This is the third year of operations for the company. The following data have been assembled for the business: (Click the icon to view the assembled data of Memorex Arrangements.) (Click the icon to view the income statement.) Prepare the statement of retained earnings of Memorex Arrangements for the year ended December 31, 2024 Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. Memorex Arrangements Statement of Retained Earnings Year Ended December 31, 2024 Retained Earnings, January 1, 2024 AKCI Retained Earnings, December 31, 2024