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. Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings, December 31, prior year Retained earnings, December 31, current year Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $ 10,900 9,900 6,900 5,900 12,800 14,900 3,900 5,900 13,900 34,800 23,800 20,900 12,900 8,900 Required: Prepare the statement of retained earnings for Armani Company for the current year ended December 31. ARMANI COMPANY Statement of Retained Earnings For Current Year Ended December 31 Retained earnings, December 31, prior year Retained earnings, December 31, current year 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. Cash Accounts receivable. Supplies Equipment Accounts payable Common stock Retained earnings, December 31, prior year Retained earnings, December 31, current year Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses Required: Prepare the current year-end balance sheet for Armani Company. Assets ARMANI COMPANY Balance Sheet $ 10,900 9,900 6,900 5,900 12,800 14,900 3,900 5,900 13,900 34,800 23,800 20,900 12,900 8,900 December 31 Liabilities Total liabilities Total assets Total equity Total liabilities and equity Equity