Prepare the statement of retained earnings for the current month.

Prepare the statement of retained earnings for the current month. Sanyu Sony started a new business and completed these transactions during December. December 1 Sanyu Sony transferred $67,600 eash from a personal savings account to a checking account in the nane of Sony Electrie in exchange for Its conmon stock. December 2 The coopany paid $1,700 cash for the Decenber rent. December 3 The company purchased $14,100 of electrical equipsent by paying $5,900 cash and agreeing to pay the $8,200 balance in 30 days. December 5 The company purchased supplies by payleg $900 cash. Decenber 6 the coepany completed electrical work tind innediately collected $1,300 caah for these services. Decenber 8 The company purchased $2,760 of office equipment on eredit. December 15 The company completed electrical work on credit in the amount of $6,700. December 18 The company purehased $310 of supplies on eredit, December 20 The company paid $2,760 cash for the office equipeent purchased on beceaber 8. December 24 The company billed a client $900 for olectrical work completed; the balance is due in 30 days. Decenber 28 The company received $6,700 cash for the work completed on Decenber 15 . December 29 The company paid the assintant's malary of $1,700cash for this month. December 30 the company paid $510 cash for this nonth's utflity bill. December 31 the coopany paid $930 eash in dividend to the owner (sole shareholder)