Question 6 of 6 Current Attempt in Progress Presented below is information related to Pharoah an Co. Retained earnings, January 1, 2020 42,000 Share capital-ordinary 10,000 Legal service revenue-2020 392,000 Total expenses-2020 286,000 Assets, January 1, 2020 99,000 Liabilities, January 1, 2020 57,000 Assets, December 31, 2020 172,000 Liabilities, December 31, 2020 65,000 Dividends-2020 41,000 Prepare the 2020 retained earnings statement for Pharoah an Co. (List items that increase retained earnings first.) PHAROAH AN CO. Retained Earnings Statement -/5