Retained earnings, July 31, 2020 $ 36,300 Cost of goods sold $ 137,400 Accounts receivable 28,300 Cash 26,000 Net revenues Total current liabilities All other expenses Other current assets Other assets 26,000 Inventories 24,200 Dividends 186,500 Property and equipment, net 19,700 51,400 Common stock 30,800 39,000 5,200 Long-term liabilities 800 0 Print Done Use the given data to prepare Tree City Sporting Goods Company's statement of retained earnings for the year ended July 31, 2021. (Enter amounts in thousands as provided in the problem statement.) Tree City Sporting Goods Company Add: Statement of Retained Earnings Year Ended July 31, 2021 Thousands