Prepare a statement of retained earnings for the year, assuming the balance in Retained Earnings on January 1, 2021, was $408,000. (List items that increase retained earnings first.) WALLAWALLA FARMS LIMITED Statement of Retained Earnings $ ta $ Save for Later Attempts: 0 of 1 used Submit Answer Prepare a statement of retained earnings for the year, assuming the balance in Retained Earnings on January 1, 2021, was $408,000. (List items that increase retained earnings first.) WALLAWALLA FARMS LIMITED Statement of Retained Earnings $ ta $ Save for Later Attempts: 0 of 1 used Submit