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Required: Calculate the Retained Earnings balance at the end of each year. (Use cells A4 to C10 from the given information above to complete this

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Required: Calculate the Retained Earnings balance at the end of each year. (Use cells A4 to C10 from the given information above to complete this Part 2 Suppose instead that the company provided the following information, which reflects a 20% increase in revenues in Years 1-4. Required: Calculate net income and the ending balance of Retained Earnings in this alternative scenario. 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. Suppose instead that the company provided the following information, which reflects a 20% increase in revenues in Years 1-4. 3 Required: 4 Calculate net income and the ending balance of Retained Earnings in this alternative scenario. (Use cells A25 to D31 from the given information above to complete this question.)

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