On August 31, the balance sheet of Pina Colada Corp. showed Cash $10,000, Accounts Receivable $2,700, Supplies $600, Equipment $6,000, Accounts Payable $4,600, Common Stock $14,100, and Retained Earnings $600. During September, the following transactions occurred. 1. Paid $3,600 cash for accounts payable due. 2. Collected $1,700 of accounts receivable. Purchased additional equipment for $1,450, paying $900 in cash and the balance on account. 3. 4. Recognized revenue of $6,850, of which $2,800 is collected in cash and the balance is due in October. 5. Declared and paid a $700 cash dividend. 6. Paid salaries $1,850, rent for September $1,000, and advertising expense $150. 7. Incurred utilities expense for month on account $240. 8. Received $14,000 from Capital Bank on a 6-month note payable. Prepare a retained earnings statement for September. (List items that increase retained earnings first.) Pina Colada Corp. Retained Earnings Statement +A