Problem 2.1 Landon Corporation was organized on January 2, 2015, with the investment of S100.000 by each of its two stockholders. Net income for its first year of business was $85.200. Net income increased during 2016 to $125,320 and to $145,480 during 2017. Landon paid $20,000 in dividends to cach of the two stockholders in cach of the three years Required: Prepare a statement of retained earnings for the year ended December 31, 2017