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Presented below is information related to Williams and Douglas, Attorneys at Law Ltd. Retained earnings, January 1, 2017 34,273 Legal service revenue2017 340,490 Total expenses2017

Presented below is information related to Williams and Douglas, Attorneys at Law Ltd.

Retained earnings, January 1, 2017 34,273
Legal service revenue2017 340,490
Total expenses2017 211,799
Assets, January 1, 2017 90,777
Liabilities, January 1, 2017 56,504
Assets, December 31, 2017 163,652
Liabilities, December 31, 2017 109,378
Dividends2017 108,690

Prepare the 2017 retained earnings statement for William and Douglas, Attorneys at Law Ltd. (List items that increase retained earnings first.)

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