On June 1, 2022, Blossom Company was started with an initial investment in the company of $24,000 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2022, and the revenues and expenses for the month of June, its first month of operations:

Cash		$ 4,770		Notes payable		$12,340
Accounts receivable		4,110		Accounts payable		610
Service revenue		7,600		Supplies expense		740
Supplies		2,262		Maintenance and repairs expense		690
Advertising expense		400		Utilities expense		210
Equipment		29,000		Salaries and wages expense		1,000
Common stock		24,000

During June, the company issued no additional stock but paid dividends of $1,368.

Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.)

BLOSSOM COMPANY Retained Earnings Statement choose the accounting period June 30, 2022For the Month Ended June 30, 2022For the Year Ended June 30, 2022
select an opening name DividendsExpensesNet Income / (Loss)Retained Earnings, June 1Retained Earnings, June 30RevenuesTotal ExpensesTotal Revenues	$enter a dollar amount
select between addition and deduction AddLess: select an item DividendsExpensesNet Income / (Loss)Retained Earnings, June 1Retained Earnings, June 30RevenuesTotal ExpensesTotal Revenues	enter a dollar amount
	enter a subtotal of the two previous amounts
select between addition and deduction AddLess: select an item DividendsExpensesNet Income / (Loss)Retained Earnings, June 1Retained Earnings, June 30RevenuesTotal ExpensesTotal Revenues	enter a dollar amount
select a closing name DividendsExpensesNet Income / (Loss)Retained Earnings, June 1Retained Earnings, June 30RevenuesTotal ExpensesTotal Revenues	$enter a total amount