Requirement 2. Prepare the statement of retained earnings for the year ended December 31, 2024. Retained Earnings, Dec. 31, 2023 Demodocs example Get more help Clear all Presented here are the accounts of Quick and EZ Delivery for the year ended December 31, 2024. (Click the icon to view the accounts.) Read the requirements. Quick and EZ Delivery Income Statement Year Ended December 31, 2024 ACCOM Revenues: Service Revenue Expenses: Salaries Expense $ 70,000 Advertising Expense 14,000 Insurance Evnence 2000 $ 240,000 Read the requirements. Aoverusing Expense 14,000 Insurance Expense 2,000 Rent Expense 11,000 Interest Expense Property Tax Expense 6,500 2,400 Total Expenses Net Income 105,900 134,100 Requirement 2. Prepare the statement of retained earnings for the year ended December 31, 2024. ea Data table Derwe Land 10,000 Common Stock 32,000 Notes Payable 38,000 Accounts Payable 12,000 Property Tax Expense 2,400 Accounts Receivable 1,000 Dividends 29,000 Advertising Expense 14,000 Rent Expense 11,000 Building 200,800 Salaries Expense 70,000 Cash 3,200 Salaries Payable 900 Equipment 13,000 Service Revenue 240,000 Insurance Expense 2,000 Office Supplies 12,000 Interest Expense 6,500 Retained Earnings, Dec. 31, 2023 52,000 Print Done 5 of 10C