Pequired information M1.16 (Algo) Preparing an Income Statement, Statement of Retained Earnings, and Balance Sheet (LO 12, 20 1-3] The following informatan apoles to the questions desplayed below) The following information was reported in the December 31 finnclal staements of National Always, incorporated flated alphaboticaly, amounts in milions). M1-16 (Algo) Part 2 2. Prepare a staternent of recained earnings for the year ended December 31. TP. Auswe the balance in Retwhed Earnings was \\( \\$ 5.445 \\) (imilion) at January 1, (Enter your answers in millions \\( 0.2,10,000,000 \\) should be entered as to \\$