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 ex nse Rent expense Selling and administrative expenses $ 11,300 10,300 7,300 6,300 13,600 15,300 4,300 6,300 14,300 35,600 24,600 21,300 13,388 9,300 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 3