Question 1 of 6 View Policies Current Attempt in Progress -/6 E Marin Inc. has recorded all necessary adjusting entries, except for income tax expense, at its fiscal year end, July 31, 2021. The following information has been taken from the adjusted trial balance: Accounts payable $26,000 Interest expense $5,900 Cash dividends-common 64,000 Notes payable 110,000 Common shares 205,000 Retained earnings (Aug. 1, 2020) 333,900 Cost of goods sold 306,500 Salaries expense 146,000 Dividends payable 14,900 Sales 665,500 Income tax expense 26,000 Supplies expense 11,500 Income tax payable 3,100 Unearned revenue 10,500 All accounts have normal balances and total assets equal $809,000. Marin has a 20% income tax rate. Prepare a statement of retained earnings. (List items that increase retained earnings first.) MARIN INC. Statement of Retained Earnings : eTextbook and Media List of Accounts $