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Required information [The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Company's records show the following.

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Required information [The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Company's records show the following. \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ ARMANI COMPANY } \\ \hline \multicolumn{1}{|c|}{ Statement of Retained Earnings } \\ \hline For Current Year Ended December 31 \\ \hline Retained earnings, December 31, prior year & \\ \hline & \\ \hline & \\ \hline Retained earnings, December 31, current year & \\ \hline \end{tabular}

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