Required information

As of December 31, 2019, Armani Companys financial records show the following items and amounts.

Cash		$	11,400
Accounts receivable			10,400
Supplies			7,400
Equipment			6,400
Accounts payable			13,800
Common stock			15,400
Retained earnings, Dec. 31, 2018			4,400
Retained earnings, Dec. 31, 2019			6,400
Dividends			14,400
Consulting revenue			35,800
Rental revenue			24,800
Salaries expense			21,400
Rent expense			13,400
Selling and administrative expenses			9,400

ARMANI COMPANY
Statement of Retained Earnings
For Year Ended December 31, 2019
Retained earnings, December 31, 2018
	0
Retained earnings, December 31, 2019	$0