Question 1 Presented here is information for Windsor, Inc. for 2017. Retained earnings, January 1 Service revenue Total expenses Dividends $148,200 456,000 199,500 74,100 Calculate the net income. Net income Prepare the 2017 retained earnings statement for Windsor, Inc.. (List items that increase retained earnings first.) Windsor, Inc. Retained Earnings Statement Click if you would like to Show Work for this question: Open Show Work