NOVAK COMPANY Income Statement Dividends Expenses Net Income / (Loss) Retained Earnings, August 3, 2025 Retained Earnings, September 1, 2024 Revenues Total Expenses Total Revenues NOVAK COMPANY Balance Sheet Assets Current Assets Current Liabilities Intangible Assets Long-Term investments Long-Term Liabilities Property, Plant, and Equipment 'Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-Term Investments Total Long-Term Liabilities Total Property, Plant, and Equipment Total Stockholders' Equity Liabilities and Stockholder's' Equity Liabilities and Stockholders' Equity $ s Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense $3,438 $4,638 5.570 5,570 1,420 2,160 1,280 14,950 14,950 5,610 5.610 2,800 34,200 2,800 12,740 16,290 17,710 1,080 16,428 16,428 1,440 1,200 $78,668 $78,668 34,730 13,620 The adjusted trial balance for Novak Company is given below: Prepare the retained earnings statements for the year ended August 31 . (List items that increase retained earnings first)