Phone Corporation began 2018 with retained earnings of $200 million. Revenues during the year were $500 milion, and expenses totaled $370 million Phone declared dividends of $58 million What was the company's ending balance of retained earnings? To answer this question, prepare Phone's statement of retained earnings for the year ended December 31, 2018, complete with its proper heading Prepare the statement of retained earnings. (Enteral amounts in milione Inter a not lots with a minus sign or parents include a subtotal after the "Add" line of the statement) (milions) Add Subtotal Less