Monterray Hotels Inc, a large hotel chain, had Retained Eamings of 2 n illion at the beginning of 2020. The company showed these figures at December 31, 2020 15 milions Net income Cash dividends Preferred Common Debit to retained earnings due to repurchase of preferred shares Required Prepare the statement of retained eamings for Monterray Hotels Inc for the year ended December 31, 2020 (Use parentheses or a minus sign when subtracting numbers.) Monterray Hotels Inc. Statement of Retained Earnings For the Year Ended December 31, 2020 Monterray Hotels Inc, a large hotel chain, had Retained Eamings of 2 n illion at the beginning of 2020. The company showed these figures at December 31, 2020 15 milions Net income Cash dividends Preferred Common Debit to retained earnings due to repurchase of preferred shares Required Prepare the statement of retained eamings for Monterray Hotels Inc for the year ended December 31, 2020 (Use parentheses or a minus sign when subtracting numbers.) Monterray Hotels Inc. Statement of Retained Earnings For the Year Ended December 31, 2020