Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] On December 31 , Hawkin's records show the following accounts. QS 1-16 (Algo) Preparing a statement of retained earnings LO P2 Use the above information to prepare a statement of retained earnings for Hawkin for the month ended December 31. Hint: Net income is $4,000