Question 1 Presented here is information for Sunland Company for 2017. Retained earnings, January 1 Service revenue Total expenses Dividends $161,200 496,000 217,000 80,600 Calculate the net income. Net income Prepare the 2017 retained earnings statement for Sunland Company. (List items that increase retained earnings first.) Sunland Company Retained Earnings Statement Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used