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Required information [The following information applies to the questions displayed below] The following information was reported in the December 31 financial statements of National Airways,

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Required information [The following information applies to the questions displayed below] The following information was reported in the December 31 financial statements of National Airways, Incorporated (listed aiphabetically, amounts in millions). 2. Prepare a statement of retained earnings for the year ended December 31. TiP: Assume the balance in Retained Earnings was $5,405 (million) at January 1. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10.).)

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