nces As of December 31 of the current year, Armani Company's records show the following. Cash Accounts receivable Supplies $ 11,400 10,400 7,400 Equipment 6,400 Accounts payable 13,800 Common stock 15,400 Retained earnings, December 31, prior year 4,400 Retained earnings, December 31, current year 6,400 Dividends 14,400 Consulting revenue 35,800 Rental revenue 24,800 Salaries expense 21,400 Rent expense 13,400 Selling and administrative expenses 9,400 Required: Prepare the statement of retained earnings for Armani Company for the current year ended December 31. ARMANI COMPANY Statement of Retained Earnings