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Requirement 2. Prepare the statement of retained earnings (with a proper heading) for 2021. (Enter all amounts in millions. Include a subtotal after the

Requirement 2. Prepare the statement of retained earnings (with a proper heading) for 2021. (Enter all amounts in millions. Include a subtotal after the "Add" line of the statement.) Plank Company Statement of Retained Earnings Year Ended December 31, 2021 (millions) Retained earnings, December 31, 2020 Add: Net income for the period Subtotal Less: Dividends declared Retained earnings, December 31, 2021

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