On May 1, Marigold Corp., a company that provides flying lessons, was started by using common stock in exchange for cash of $45,300. Following are the assets and liabilities of the company on May 31,2022 , and the revenues and expenses for the month of May. No additional investments were made in May, but the company paid dividends of $200 during the month. Prepare a retained earnings statement for the month of May. (List items that increase retained earnings first.)