Question 2 (of 4 value 800 points The following account balances were selected from the records of beverage maker Blake Corporation at December 31 after all adjusting entries were completed Common stock (par $15 authorized 100,000 shares, issued 45,000 shares of which 1,100 shares are held as treasury stodk) Additional paid-in capital-common stod Dividends Retained earnings, beginning of year Treasury stok at cost (1,100 shares) $875.000 190,000 38,000 86,000 22,000 Net income for the year was $83,000 Required 1-a. Prepare the statement of retained earnings for the year ended Deoember 31 BLAKE Statement of Retained Earnings For the Year Ended 31 Retained Earnings, January 1 Retained Earnings, Deoember 31 1-b. Prepare the stookholders equity seation of the balanoe sheet at December 31. (Amounts to be deducted should be indicated by a minus sign.)