Required information [The following information applies to the questions displayed below.] The following information was reported in the December 31, 2017, financial statements of National Airways, Inc. (listed alphabetically, amounts in millions) Accounts Payable Accounts Receivable Aircraft Fuel Expense Cash Common Stock Dividends Equipment Income Tax Expense Interest Expense Landing Fees Expense Notes Payable Repairs and Maintenance Expense Retained Earnings (as of December 31, 2017) Salaries and Wages Expense Supplies Ticket Revenues $ 4,225 690 9,800 3,080 1,275 50 15,690 300 240 4,200 7,005 2,300 7,690 3,445 735 22,600 2. Prepare a statement of retained earnings for the year ended December 31, 2017. TIP: Assume the balance in Retained Earnings was $5,425 (million) at January 1, 2017(Enter your answers in millions (i.., 10,000,000 should be entered as 10. NATIONAL AIRWAYS, ING Statement of Retained Earnings For the Year Ended December 31, 2017 (Amounts in millions) Retained Earnings, January 1, 2017 5,425 Retained Earnings, December 31, 2017 5,425