On August 1, 2018, Brooke Kline established Western Realty. Brooke completed the following transactions during the month of August. A. Opened a business bank account with a deposit of $22,000 in exchange for common stock. B. Purchased office supplies on account, $1,900. C. Paid creditor on account, $1,400. D. Earned sales commissions, receiving cash, $41,000. E. Paid rent on office and equipment for the month, $2,600. F. Paid dividends, $3,400. G. Paid automobile expenses (including rental charge) for month, $3,150, and miscellaneous expenses, $1,700. H. Paid office salaries, $4,300. I. Determined that the cost of supplies on hand was $800; therefore, the cost of supplies used was $1,100. 2.b. Prepare a retained earnings statement for the month ended August 31, 2018. Refer to the list of Labels, Accounts and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. The word Less or Add is not needed in the Retained Earnings Statement. If an amount is zero, enter "O". Western Realty Retained Earnings Statement (Label) 1 2 3 4 5