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Required information Use the following information for problem 3 to 5 LO As of December 31, 2019, Armani Company's financial records show the following items

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Required information Use the following information for problem 3 to 5 LO As of December 31, 2019, Armani Company's financial records show the following items and amounts Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings, Dec. 31, 2018 Retained earnings, Dec. 31, 2019 Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $ 11,700 10,780 7,700 6,700 14,400 15,700 4,700 6,70 14,700 36,400 25,402 9,700 Problem 1-4A Preparing a statement of retained earnings LO Required: Prepare a year-end statement of retained earnings for Armani Company ARMANI COMPANY Statement of Retained Earnings For Year Ended December 31, 2019 Retained earnings, December 31, 2018 Retained earnings December 31, 2019

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