Please answer the following question. Thank you.

Problem 5-3A (Part Level Submission) The Whispering Winds Corp. is located in midtown Madison. During the past several years, net income has been declining because of suburban shopping centers. At the end of the company's scal year on November 30, 2019, the following accounts appeared in two of its trial balances. Unadjusted Adjusted Unadjusted Adjusted Accounts Payable $25,300 $25,300 Inventory $29,500 $29,500 Accounts Receivable 30,600 30,600 Notes payable 37,000 37,000 Accumulated DeptEquipment 33,000 45,000 Prepaid Insurance 10,700 3,000 Cash 25,500 25,500 Property Tax Expense 2,500 Common Stock 31,200 31,200 Property Taxes Payable 2,500 Cost of Goods Sold 504,500 504,500 Rent Expense 12,000 12,000 Dividends 9,500 9,500 Retained Earnings 61,700 61,700 Freight-Out 5,700 5,700 Salaries and Wages Expense 95,000 95,000 Equipment 145,000 145,000 Sales Commissions Expense 6,500 11,000 Depreciation Expense 12,000 Sales Commissions Payable 4,500 Insurance Expense 7,700 Sales Returns and Allowances 8,000 8,000 Interest Expense 6,200 6, 200 Sales Revenue 700,000 700,000 Interest Revenue 9,500 9, 500 Utilities Expense 9,000 9,000 Prepare a retained earnings statement. (List items that increase retained earnings first.) Whispering Winds Corp. Retained Earnings Statement